Currently it seems to be wave A of wave 4 in the daily trend.
Within wave A we are in wave 3.
I would prefer not to go short in GBPUSD at this time and wait for wave 4 and 5 of A to finish before entering long in wave a of B of 4.
Within wave A we are in wave 3.
I would prefer not to go short in GBPUSD at this time and wait for wave 4 and 5 of A to finish before entering long in wave a of B of 4.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.