(CLICK ON THE CHART TO ENLARGE IT)Cable in a strong bullish trend. 2.0900 resistance, which is the 123,60% of fibo projection from up move 1.9650 to 2.0655 is holding up. If broken next target is 2.1000 because is definitely a psychological resistance and is the 123,60% fibo projection from up move 1.9188 to 2.0655.
This is to go long! But the 30-minute chart favours a bearish correction. So buying dips is the preferable strategy. Points are:
BUY break 2.0900 with stop at 2.0870 and target 2.1000 (watch for false breakout!!!)
BUY dip to 2.0870 with stop at 2.0830 and target 2.1000
BUY dip to 2.0825/30 with stop at 2.0790 and same target 2.1000
