Trading the Cable swings via averages

On this 5 min chart we have the bull div and a hook. Now if the bulls find support, we should see it move fairly quickly to test the EMA swing high.

It just touched the 50% of the 1-hour ABCD

Now the bears have the 5 min support and can take out that bull one.

That will have to do me for today, a total of 20 pips.

Bulls find support. Can they maintain it

Valiant effort from the bulls to hold the line. Its also a 50% level on the M15 ABCD. It did break for 10 mins but the bulls pulled it right back so I took a long and now at BE. Price testing the H1 EMA. Could this be the bottom of the run down?
EDIT:- TP reached on the M15 ABCD. 1% for the day done.

here are my operations today. In the first long the inference was a bull div H1. But we were below the EMA so I placed a hedge which later became my main trade. But I didn't know how long it would last so I covered this as soon as possible, three times. At that point I had blocked 30 pips but my target was 40 so my last long became my main trade, justified by a bull div on H1. The target this time was clear, the H1 EMA. I have no longer put hedges.

Reflections:
I was wrong to leave the short when the inference on H1 changed. I had to cash out the blocked 30 pips and then take another 10 easily with my last long.

OK, what is up today?

On the 1 hour we see both parties are still on the C of the ABCD where they have been for some time now.

I think we will have to play at scalping again today until we get a clearer picture.

The 5 min shows us ranging between the two 50%

That 5 min RSI div gave us a nice 30 pips to the ABCD D level. I am now short to make up the difference

Just got it... Done for the day.

55 minutes. I need to find a better job.

This is how I saw it...

So now we see the bear RSI div did not cross the EMA so expect a HH

filling ABCD m5?

This may now result in the 1 hour hitting the D of the ABCD...For the longer-term trader.

That 4-hour EMA is something to keep an eye on. The daily EMA is a mile away yet.

So, the 4-hour EMA held firm bouncing the price back down.

We see a new ABCD form (blue) and once the bears found support price ran down to D1.

However, the larger ABCD (Green) is still being contested.... Whoops as I speak it just ran to the D1. I missed that trade.

Another record pound low?

How low can it go?

I think the 1 hour will close on the D1 ish. Looks like someone just pressed the wrong button.

As low as it wants boss.