Cable continues to create higher highs keeping away from both main count's and alternate count's confirmation points. At this stage, both counts expect upwards correction to be corrective in nature. However, they differ in the duration needed to complete that corrective advance. Main hourly count expects that Cable's correction is mature and that Cable is about to reverse directions and unfold downwards while the alternate count expects Cable to continue unfolding upwards in a corrective manner. Read More

Cable failed to reach either count's confirmation point and both counts remain valid. At this juncture, both counts have almost equal probabilities and we will wait for either counts' confirmation point to be reached to determine the highly probable count. Main hourly count expects Cable to continue making lower lows while the alternate count expects Cable to unfold upwards in a corrective manner. Have a great weekend! Read More

Cable drifted downwards and it is yet to reach the specified targets. We are updating the main hourly count according to the latest price action and as well modifying the alternate count to provide a better fit. Main hourly count expects Cable to continue making lower lows while the alternate count expects Cable to unfold upwards in a corrective manner. As always, we will wait for either counts' confirmation point to be reached to determine the highly probable count. Read More

Cable dropped and first target was reached and exceeded and Cable fell short of the second target by 2 pips. Main hourly count expects Cable to continue making lower lows while the alternate count expects Cable to unfold upwards in a corrective manner. As always, we will wait for either counts' confirmation point to be reached to determine the highly probable count. Read More

Cable's continued consolidation should set the stage for further decline and Cable should resume its downtrend promptly. Main hourly count expects Cable to reverse directions and unfold downwards sharply in an impulsive manner while the alternate count expects one final push from Cable before reversing directions. As always, we will wait for either counts' confirmation point to be reached to determine the highly probable count. Read More

Cable continues to consolidate in a sideways manner failing to reach either counts' confirmation point and both counts remain valid. Main hourly count expects Cable to reverse directions and unfold downwards sharply in an impulsive manner while the alternate count expects one final push from Cable before reversing directions. As always, we will wait for either counts' confirmation point to be reached to determine the highly probable count. Read More

Cable has been consolidating in a sideways manner failing to reach either counts' confirmation point and therefore, leaving both counts valid. Main hourly count continues to expect Cable to reverse directions and unfold downwards sharply in an impulsive manner while the alternate count expects one final push from Cable before reversing directions. As always, we will wait for either counts' confirmation point to be reached to determine the highly probable count. Read More

Cable unfolded upwards as expected and the sideways correction appears structurally mature. Main hourly count expects Cable to reverse directions and unfold downwards in an impulsive manner while the alternate count expects one final push from Cable before reversing directions. As always, we will wait for either counts' confirmation point to be reached to determine the highly probable count. Read More

Cable unfolded downwards and both counts remain valid despite Cable coming very close to the alternate count's confirmation point. At this juncture, both counts have almost equal probabilities. Main hourly count expects Cable to unfold within a correction in a sideways manner while the alternate count expects that Cable's downtrend has resumed. As always, we will wait for either counts' confirmation point to be reached to determine the highly probable count. Read More

Cable unfolded downwards confirming the alternate count and -so far- Cable fell short of the first target by 9 pips. Today`s main count expects Cable to unfold upwards in a corrective manner while the alternate count expects Cable to resume its downtrend immediately. As always, we will wait for either count`s confirmation point to be reached to determine the highly probable count. N.B.: My apologies for the delayed publishing of today`s analysis as I had problems with my internet connection. Read More