---Another Possible LEG up for Cable.?
---We can see through correlating with may different pound pairs
over the past week, pound has gained strength.
Cable itself has been breaking through many structure.
---most recent structure breakout out was around 1.31344.
---Price has currently Broken Resistance around 1.31660 and Closed above 50% fib levels
-- It has then re-testing the resistance turns support and fib level, failure to close below may lead to a rejection
where we may see cable end up re-testing higher timeframe structure and resistance around 1.32583 and 38.2%
---We can see through correlating with may different pound pairs
over the past week, pound has gained strength.
Cable itself has been breaking through many structure.
---most recent structure breakout out was around 1.31344.
---Price has currently Broken Resistance around 1.31660 and Closed above 50% fib levels
-- It has then re-testing the resistance turns support and fib level, failure to close below may lead to a rejection
where we may see cable end up re-testing higher timeframe structure and resistance around 1.32583 and 38.2%
Trade active
Comment:
Price breaks 132,168 and we are hiting 1.32478
Trade closed: target reached:
Target HIT n out
Trade closed: stop reached:
Alright target hit as posted am aiming for the re-test of 38.2%,
Trade closed: target reached:
Target Reached Not Stops***