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I think we could see some downside moves from this pairing as our support zone has been touched more that a £10 hooker, the more times a level is touched the weaker it gets! A bit like knocking a wall down with a sledge hammer, the 1st hit will weaken it then every hit after that will make it even weaker until it finally breaks.
So i am in a short now and when price finally breaks support we will see a nice push down.
Hope this has helped, look forward to chatting with you.
I think we could see some downside moves from this pairing as our support zone has been touched more that a £10 hooker, the more times a level is touched the weaker it gets! A bit like knocking a wall down with a sledge hammer, the 1st hit will weaken it then every hit after that will make it even weaker until it finally breaks.
So i am in a short now and when price finally breaks support we will see a nice push down.
Hope this has helped, look forward to chatting with you.