More Bearish movement to come in Cable.

Updated
If my Elliot Wave analyse is done correctly, we should see an extend of price south towards 1.19-1.17. Included Daily and Hourly charts for a closer view.
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Possible inverse Cup Trading Pattern? Possible short entry around 1.2775-1.28. SL Aggressive: 1.2860 Conservative: 1.2950. Target: 1.2500
Chart PatternsWave Analysis

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