LHG unknown

chart ..for those interested, page-3

  1. 807 Posts.
    lightbulb Created with Sketch. 8
    Howdy acouch, Nice chart.
    I just might point out that lhg did take out the first of the gaps (1.07) on the 25/6.
    I believe the fact that it filled the first gap and retreated immediately is a sign that 1.07 could be a point of resistance for a while.
    The way I read LHG is that the down channel is still intact. A move up from here of course would be bullish as the channel would be broken, the other gap at 1.19 would then become a logical target.

    If LHG should fail from here then it is a long way down to test the lower trendline.


    Regards

    Commy





 
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