in a minute 4 hr chart will close and created a bullish engulfing candle

Daily Cable Analysis

So, it means cable will continue downward?

Daily Cable Analysis

How can u say it's confirmed?

Daily Cable Analysis

How can u say it can be counter trend up to that level?

Daily Cable Analysis

Does anyone see the bullish divergence in 1 hour chart?

Daily Cable Analysis

is it already reversal time for cable?

Daily Cable Analysis

May I know, why did u go long?

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Why u think it will go down first?

Daily Cable Analysis

cable today seemed to be no direction. Anyone has any thought about this?

Daily Cable Analysis

50-50 — I don't try to predict the market. All I can see, there is 50-50 chance now. Cable doesn't wanna break the daily channel since it plays above it. But the price is still below the 23.6 fibo

Daily Cable Analysis

I think it still has more room to push to the upside. Look back when it was dropped from 531 until crashed down to 264. Did it seemed to be exhausted?

Daily Cable Analysis

I think this 50% fibo quite a critical resistance. If it breaks cable may go up to it's previous high. The daily studies give a strong rally signal. Just a thought..

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I see the price cannot break the recent resistance and the new candle opened below the 50% fib. But now the price pushing up. what does it mean anyway?

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So, u think it will break the resistance?

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Monarch, do u think it will break the recent high? it's consolidating here

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I'm looking at 15 mins chart now. But usually I use larger time frame. Sure, u can explain to me thru yahoo mess if u want to. Thanks a LOT dobbie11

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do u want to hold the position until tonight? do u think it will be some retrace? cos I'm confused, I went short too

Daily Cable Analysis

do u want to hold the position until tonight?

Daily Cable Analysis

Hi dobbie11, What ur system for short term? Ur analysis sounds good

Daily Cable Analysis

Monarch, As I see that 4 hour is in oversold area. Will it rebound first to around 400 before going down again?

Daily Cable Analysis