Follow up post from the previous long term analysis on the cable

Check related ideas here on the cable. Now market could give us another potential pattern now with a strong confluent but it must do something else. This something else must be retracement inside the zone (atleast the 38.20%) to have a valid C point of a Deep Crab pattern. With that we got 2 confluent patterns which is the bat that completes on the 88.60% XA and deep crab that completes at the 161.8% XA fib inversion.

Check the link to related ideas from the previous setup long term analysis here on the CABLE.

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As of now there could be an up movement. then could maybe a movement down to reach the C point of the Bear Deep Crab that we want to confluent it with the bear Bat. Coming up with a pattern completion of Bullish Butterfly.

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