Finally, Cable unfolded upwards as expected and first target was reached to the pip.
Even though latest upwards movement lacks momentum support, we are yet to call the short term uptrend mature and we will keep an eye out for further evidence supporting trend reversal.
We are updating main hourly count according to the latest price action and main hourly count expects Cable to continue unfolding upwards to complete a fifth wave.
On the other hand, the alternate hourly count is presented on 6 hours chart for clarification purposes and it suggests that Cable has found a top.
We will wait for either counts confirmation point to be reached to determine the highly probable count.