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Cable - Double Doji Signals Indecision As Strong 1.3055 Support Holds For Now

Discussion in 'Technical Analysis' started by Kaitlin, Jul 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Cable left Doji candle yesterday, signaling indecision in the near-term trading, with today's attempts lower that tested important 1.3055 support (Fibo 61.8% of 1.2795/1.3474), being short-lived for now. Today's trading was so far shaped in long-tailed Doji, which signals prolonged directionless trading and confirms 1.3055 as strong support.[​IMG]

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