Short recap:
5 waves lower coming to an end.
Waiting for the bulls to take over and break the blue line.
Most importantly waiting for the fundamental environment to encourage for a long in GBPUSD.
If one does not take fundamentals into his own trading decision one will have a hard time being profitable.
Thats just my experience. Charts are important but secondary what makes the market move are fundamentals.
Blessings to you all.
5 waves lower coming to an end.
Waiting for the bulls to take over and break the blue line.
Most importantly waiting for the fundamental environment to encourage for a long in GBPUSD.
If one does not take fundamentals into his own trading decision one will have a hard time being profitable.
Thats just my experience. Charts are important but secondary what makes the market move are fundamentals.
Blessings to you all.
If we get fundamentals that line up for a move higher, this will become a perfect storm. Fundies + Techs.