SharifAzadeh

Cable, Last Bullish Line Of Defense

FX:GBPUSD   British Pound/U.S. Dollar
49 0 2
There are various reasons to think the bearish onslaught might halt here:

1- Massive bullish Inverted AB=CD
2- Change of polarity zone
3- Bullish Butterfly
4- Bottom of regression channel

Bulls should take out today - 2nd of December - High in order to convince the bears to give it a damn break.

Good luck,

Ali Sharif Azadeh, CFTe

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