DislikedWhat I see from Cable is the downtrend still prevailing. Looking at this from the Daily and the short term, the move down from mid March shows resistance from that move is containing rally's so far. We are do another push up but I look to sell into it again when it does and after Friday it looks very likely to happen. Another push up should be able to reach 1.9600 range where we can start to look for a failure and the down trending move to continue. I think personally another attempt on the lows of 1.9360/1.9330 will break after another failure to break long and get past the retracement and downtrend levels.It will be like blood in the water and the sharks are going to jump on it if 1.9360/1.9330 breaks.Ignored
how do you now another push up should be able to reach 1.9600 range, that is a pivot fibs. why not the price rejected at the short fibs. what assurance do you have to believ it can break the short fibs.
regards
I need time ,I need money, I need more patience