Monday, June 27, 2016

#TSOT - Reinforce a Defensive / Contrarian Strategy for #CABLE (Declassified)

CABLE SEQUENCE OF TRADES
Cable's prevailing bearish channel dominates the overall trend direction. However, interim price recovery would be in the making as the expanded time cycle would be followed.

The overlay perspective of the chart provides a bearish outlook which is fundamentally motivated due to the forthcoming UK referendum on #BREXIT. While contrary price volatility in the interim reflects a tug of war between bull and bear players battle for positioning.

CIPHER3 analysis (Tier 3) dated June 14, 2016 with at least five technical references were applied with this approach along with our fearless forecast for a 'Defensive /Contrarian' CABLE Playbook. Period covered from 5.11 to 6.14.16 heading towards UK refernedum results.

Declassified Link: #TSOT - CABLE (GBPUSD) STRATEGY

                                A Contrarian Market Approach For CABLE 

                                Top Strategies On Trade - CABLE Insight 5.11.16



4 comments:

  1. CABLE sets a new low not seen since 1985 marked @1.2790 with talks circulating for a BOE rate cut added to the decline.

    ReplyDelete
  2. CABLE Counter trade strategy EURGBP Cross Rate
    https://dwq4do82y8xi7.cloudfront.net/x/qoHZbAAD/

    ReplyDelete
  3. Revisiting an 'Effective Strategy between #CABLE & EURGBP' has again proven its true worth until today. However, applying these strategies properly is another story. Timely execution is necessary along side true directional trend and conviction of market analysis.

    ReplyDelete
  4. Would it take another Post BREXIT market sentiment to push the USD back to a good rally? Will have to see and watch how market reacts towards the next few weeks of the 4the quarter 2016

    ReplyDelete