
You clearly don't need me to mention this but...
Cable again, and the weekly chart still shows plenty of available up and downside.
Daily chart of course shows a double (or is it a quad) topping? at 16,570/80ish with a clear buy above that. First sell signal for me comes in at 16,450. Which was a previous buy point.
Real selling bottom is at 15,950 if it goes into a sideways channel. So plenty of scalping? opps within that 500 odd pip range.
Trading then for me is on the hourly chart and price seems to be backing off from the prvious 2 highs. (I'll take it as 2 attemps).
Allready had a sell signal at 15,544 which was between 4 and 5 this am; so missed that but price moved back up above that and gives me a range now of 16,544 for the sell again should it desire a down day or a buy at 16,580 for the continued uptrend? since March.
Think I favour the short for the morning. To give it a bit more of a run up for the 3rd attempt of the high. But it will do whatever it does of course. If it does break upwards however. I have a previous line with not a lot in between at 17,150ish.
To the hourly then for some hand holding as the Lady/Bitch (delete as appropiate for your trade) shows the way.