In technical analysis most of us still expect this is only retracement in wave 4 but how good the accuration according to our technical analysis. Is it a new engagement will come. So what is your mind set now ? bullish or bearish ?.
trader in bullish site always waiting a good oppurtinity for Buy / Long.
trader in bearish site always waiting a good time for Selling / short.
So what site you are ?
Important to us determine the current trend. Are sure there is no trend in Correction mode ? then what happen to smaller timeframe. the trend is there.. only what mind set u programe in your mind.
Here i wanna share some Technical analysis from my opinion about GBPUSD.
the formula is buying > selling. ( buying is greater then selling.) for this moment. so you should know what mind set for trading u should programme in ur mind.
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