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stiwart
Feb 4, 2014 3:17 AM

Strong Resistance Line for this Day. Maybe Good point to Call Short

British Pound/U.S. DollarFXCM

Description

Good point to entry at the market to call after news UK.
Comments
xTrendFollower
The weekly/monthly chart during that period (2013-09-07) was an uptrend.. therefore, I have a major doubt that it's going to go up soon!! weekly and monthly charts are now indicating a downtrend.. therefore, watch out!. don't buy and then hope for the best! otherwise, wait or follow the trend rather than against it.
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