Cable Trading or Cable TV?

Cable Trading or Cable TV - Yesterday I plotted the course forthe cable and for it to be effective we needed a close above 1.7600 - well... we peeked above 1.7600 but then we quickly fell below it and stayed there. and we are still there. Big problem is that we are within a Kumo on the 1D chart - and in "no mans" land on the 1H chart - which makes execution almost "pipicide" in either time frames. In the cable we have a bear cross that is prevailing and NOW in the 1H chart we have a bear cross - BUT we are approaching a Kumo in this time frame as well.
Cable TV!!! lol!! it's best that this point we wait on the cable - It needs to be alittle more solid and if traded over the next couple of days - needs to be traded with caution - maybe demo or smaller lots - a clear break above 1.7600 is needed to confirm a climb higher and any positions on the up-and coming look to be slighly bearish.... again.. to many questions -
Good luck trading, be careful out there.



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