ALL TECHNICAL INDICATORS ON THE WEEKLY, DAILY AND HOURLY CHART ARE POSITIVE
MOVING AVERAGE SUPPORTING THE PRICE LEVELS
MARKET COULD GO UP , RISK / REWARD IS 1:5
TAKE PROFIT 1 AND 2 REPRESENTED BY THE BLUE LINES
ONCE THE MARKET HITS TP1 WE CAN CLOSE HALF OF THE POSITION
MONTHLY AND WEEKLY CHARTS ARE ON A DOWN TREND
DAILY CHART THE PRICE IS HITTING A DOWN CANAL
HOURLY CHART IF IT BREAKS SUPPORT LEVEL : 116.22 THE MARKET MAY GO DOWN
FIRST TP : 115.400
THE CABLE JUST BROKE A BIG SUPPORT THAT WAS HOLDING FOR THE LAST 3 WEEKS REPRESENTED BY THE BLUE LINE
ON A HOURLY CHART WE SEE A BEARISH TREND WITH A BEARISH MOVING AVERAGE
TIMING ON 15 MIN CHART WHEN PRICE HITS MA 20 FROM BELOW
FIRST TAKE PROFIT : 1.22