Cable formed a bullish engulfing pattern. I favour the upside with SL below 1.553 on a daily close with a target of 1.5783
6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade