Tuesday, 20 March 2012

Cable -

Cable - 4 Hourly Chart

Cable presents a Bearish Butterfly with Max D point at 1.5945, also coinciding with the completion of an AB = CD pattern and Fib extension  ( 113.0//88.6) at 1.5945.

Update - Price was capped at the 78.6 for a mild decline. Still target the AB=CD target at 1.5945


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