GBPUSD: Waiting for the next wave to know buy or sell
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In previous idea, I followed a failing wedge in wave C and the current wave could be a wave 5 - the last wave.
Does it end??
Let's look at lower timeframe (1h), there are some confusing in counting with 2 alternative counts.
1/ The current wave is wave 5 of C of last ABC?
2/ The current wave is wave A of last ABC?
For this setup, I will wait for the next pullback wave to know what is it:
IF THE NEXT PULLBACK WAVE IS AN IMPULSE WAVE, A BIG MOVE UP IS COMING
IF THE NEXT PULLBACK WAVE IS A ZIZAG / FLAT/.... SELL THE NEXT IMPULSE WAVE
Good luck to all,
Does it end??
Let's look at lower timeframe (1h), there are some confusing in counting with 2 alternative counts.
1/ The current wave is wave 5 of C of last ABC?
2/ The current wave is wave A of last ABC?
For this setup, I will wait for the next pullback wave to know what is it:
IF THE NEXT PULLBACK WAVE IS AN IMPULSE WAVE, A BIG MOVE UP IS COMING
IF THE NEXT PULLBACK WAVE IS A ZIZAG / FLAT/.... SELL THE NEXT IMPULSE WAVE
Good luck to all,
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Feragatname
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