Weekly chart is in a clear uptrend, thus I’m looking for an area to long the Cable.
On daily chart, we see that the 1.6920 is a key area to look out for.
Long 1.6900
SL 1.6790
1st target 1.7150
On weekly chart the trend is up and notice how price likes to retrace 400 pips at a time.
On daily chart, we see that the 0.8400 is a key area to look out for.
Long 0.8390
SL 0.8290
1st target 0.8700