As those who have read my posts on cable will know I am short this pair and here I publish my reasoning. Now I don't think that the break of 1.5880 was a fakeout. We shall see soon enough. I will adapt my trading strategy at the mentioned level.
Hi vern , these are heiken ashi candles and are one of the alternative candle types if you go into the chart preferences or clidk the cog wheel by the candle type. Just change the type to heiken ashi. I find they are very useful in analysis. More accurate for some things.