DislikedPerhaps, however I would draw a MCTL in this case and look for early entry short. BUTTTT, if you go to hourly chart, it looks like we may have already put in a double bottom at 15935-15940 area, so it would be interesting to see if cable would continue up past the 1.6000 back to the 1.6035 area or reverse at the round figure and head back down.
Draw a horizontal line at 15940 and another at 16035 on hourly chart and watch that channel for nowIgnored
do u mind attach a chart to show us?