Cable drifted slowly upwards as expected and target was reached and exceeded.
We are modifying the main hourly count according to the latest price action and as well adding an alternate hourly count, we will wait for evidence suggesting trend reversal before jumping into the bearish wagon even though the bullish trend is showing signs of weakness.
Main hourly count expects that Cable has one more push upwards before reversing directions and moving downwards within an impulse.
On the other hand, the alternate hourly count expects that upwards correction is mature and that Cable has started unfolding towards the downside.
As always, we will wait for either count`s confirmation point to be reached to determine the highly probable count.