Cable Pushing Price Lower

Discussion in 'Technical Analysis' started by Kaitlin, Feb 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Cable has fallen even lower yesterday which makes a decline in five waves down from 1.4410 (black wave 4) without any overlaps so it looks like that we have an impulsive decline underway. That said, we need five waves from 1.4667 within wave 5-circled so more weakness will be expected[​IMG]

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