GB is now showing some kind of indecision, while consolidating at the highs after a long-term bullish trend.
An immediate rise is supposed to test the prior highs and if enough of longs are trapped above the prior highs, a nice free fall might occur as long covering process.
For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly/1ba2SPJ
An immediate rise is supposed to test the prior highs and if enough of longs are trapped above the prior highs, a nice free fall might occur as long covering process.
For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly/1ba2SPJ