Hey Traders, keep an eye on GBPUSD, we are looking for this structure.
You can scalp the down move or wait for correction to finish before you go for buy setups...
P.S. Jumping in without using stop loss or risking big or following anyone blindly leads to big losses, never do that.
If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment.
What we are sharing here is only our point of view on what could be the next move in the market based on our wave analysis concept so this is a directional bias and not signals...
DO NOT FORGET "We Trade Waves" 4 GOLDEN RULES:
1) Do not over-risk 2) Do not over-trade 3) Do not trade without stop loss 4) Never ever add to losing position
DISCLAIMER: We Trade Waves is not a signal service. Instead, it involves sharing our perspective and detailed analysis based on our unique wave analysis concept. We cannot be held responsible for any financial gain or loss that may result from following our analysis.
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.