Cable

The black candle this week took out the previous weeks low and the decline seems to be resuming.The decline should accelerate if we take out the 2 previous swing lows at 1.58 and 1.59.Last weeks high was a lower swing high and Gann's "safest place to sell"
Stops would go above the high.It also came 52 weeks after the low ie a 1 year cycle.