RE: Vox markets & Nic's trades2 May 2018 13:27
As i keep telling people, technical analysis of charts only displays possibilities, they're not written in stone.
Only had a quick listen myself but we're in a wedge consolidation on both weekly and daily charts and is looking for a break to the upside but there is a possibility of us tagging the 200MA in the low 0.5's first before we break back up. Sometimes a pullback in price action is what's needed to generate sufficient volume to get buyers back on-board, one step back two steps forward if you will.