See here we looking a possible completion of a daily correction.. and here we looking at a possible grab. since the larger structure may complete any time.. it is safe to track for reversals only
See look at it this way. GBPUSD is currently on a bigger time frame sideways and we have two things in mind. Reversal or a new bullish trend, fort a bullish trend the market might give us a big down move as a correction, or we might get it a reversal.
See here I'm looking for AB EQUAL TO CD HERE TO PUSH US DOWN
RIGHT NOW XAUUSD HAVE A COMPLETE CORRECTIVE STRuCTURE AB AND C TRADING VERY CLOSE TO 50% 60% FIB ZONE AND CHANNEL UPPER RESISTANCE LINE