Cable, H4: Upside breakout from rising wedge resulted in failure with sell off from bearish butterfly reversal window in the vicinity of 1.54. Eve-Eve Double Top installed between 1.53-1.54 reached its primary target at 1.5135 post US Advance GDP. A Break held below 1.5135 sets up Harmonic ABCD with 100% measured move to ~1.4960. Note horizontal support at (C) near 1.50.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.