Commentary: We presented the bullish count yesterday and it is tracking well. The decline from 2.0366 is a 3 wave decline and the rally from 1.9879 can be labeled an impulse so that places Cable in a 3rd wave rally now.
A push through 2.0172 strengthens the bullish bias and would likely lead to a push through 2.0366. 1.9879 is critical to the bullish case. Strategy: Bullish now, move risk to 1.9951 (from 1.9879), target above 2.0366 (add to position on a rally through 2.0172)