GBPUSD
In my opinion, I still see Buy trade in Higher TF and I consider as an opportunity to entering the market with the combination of SnD and Elliot wave
In SnD(Supply and Demand) there is an Orderblock at 1.35000
And I consider trendline which ended near OB in D1 TF which give me more confidence to excute the Order
And the last reason there is a Zigzag as Wave 4 always there is appearance of any corrective patterns(Triangles, Zigzag, Combinations...) just as I see there have Zig zag patterns
Note; Be reasonable when you place your Orders and always use proper risk management
In SnD(Supply and Demand) there is an Orderblock at 1.35000
And I consider trendline which ended near OB in D1 TF which give me more confidence to excute the Order
And the last reason there is a Zigzag as Wave 4 always there is appearance of any corrective patterns(Triangles, Zigzag, Combinations...) just as I see there have Zig zag patterns
Note; Be reasonable when you place your Orders and always use proper risk management
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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.
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.