Perhaps 123 on Cable?

Good morning Dynamic Traders,

This morning I am posting a lower timeframe possible trade developing.
There is time for anyone to do their own analysis on this before it gets to the 123 scenario to assess it in plenty of time.

As can be seen from the image below we have all the classic signals for a short trade to be taken should the remaining confluences come together.
At the moment, just wait for the final pieces to fall into place before triggering your trade, as we all know the market will do what it wants and so wait until your risk is minimised.
Keep an eye on this pair with the high impact news out the rest of the remaining trading week, and at the appropriate time use your lower timeframes.

Charts courtesy of AdvancedGet.

Enjoy your trading.

Clayton Farnworth.