Another H&S, this time on the daily chart. Cable clearly broke above the neckline and now looks like it's retesting that level as support. Area around 1.5500 should provide some support. Look for any bullish indication on a lower time frame (such as a pin bar, bullish engulfing of bullish divergence on H4 time frame).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.