31oct2007
I see a bearish butterfly pattern possibly would be formed at daily cable.1.27% complete around 2.0808..If there have a strong reversal signal..we should take a sell position up there.While weekly pivot at 2.0451 hold,cable still have a strong momentum to hiking hike again.Further aiming for cable are seen around 1981 high 2.0770.My opinion cable will try to reach 2.0770..my strategy sell limit cable arond 2.0770 to 2.0800 stop loss 2.0850 take profit 2.0250 or 2.0050..good luck;)
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