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SharifAzadeh
Dec 2, 2015 6:27 PM

Cable, Last Bullish Line Of Defense 

British Pound/U.S. DollarFXCM

Description

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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