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Is the trend move getting to the "Uncle" point

Discussion in 'Technical Analysis' started by ForexLive, Sep 13, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Some reasons for a stall There comes a time when the market says 'Uncle" (or "that is enough"). It is hard to step in and catch a falling knife so you have to be careful in a trending market, but the GBPUSD is heading toward an area where traders might slow the fall (and there might be a bounce).

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