FX:GBPUSD   British Pound/U.S. Dollar
198 4 8
GBPUSDgood
You are in a downtrend if you see the bigger timeframe and this is the 2nd time price is going downthere. Is time to go lower. NO BUY!!!!!Maybe also the market will open with a gap...
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duanluming PhilipposKleidaras
I don't care, each technical analysis has its advantages and disadvantages, and thank you for your views and opinions.
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That's one way of counting it but it may just be a bit obvious. Your wave 5 could just as easily be a wave 5 of the 3rd wave and now after a short correction/rally we could enter wave 5 for real. I've even some counts (that I don't agree with) showing it as a 1-2, i-ii. Hope not as I'm British!
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I don't care, each technical analysis has its advantages and disadvantages, and thank you for your views and opinions.
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