waveslover

🐂WAIT FOR THE GOOD OPPORTUNITY TO START TRADING🐻

OANDA:GBPUSD   British Pound / U.S. Dollar
✅ WHERE WE ARE
I still have no idea if this week's high is bullish 3 or not.

Once 1.38091 is broken, this week's high 1.4009 would be 5=3/C.
If today's candle bar closes bearish, this week's candle bar would make the long great upper shadow, so this week's high would be bearish B.

I made 2 scenarios like yesterday.

Scenario1(BULLISH)
After pink resistance line is broken, wait for (4) to BUY

Scenario2(BEARISH)
After lime support line or 1.38079 is broken, wait for (4) to SELL


By the way, the absolute principle for trading is
BUY - as low as possible
SELL - as high as possible

We mustn't buy at the top, we mustn't sell at the bottom.
Thus, it's strategic to BUY at lime(2) or lime TL with STOP1.38096,
or to SELL at pink(2) or pink TL.
A smarter trading is, as said above, to wait till either pink or lime TLs, then wait for (4) to trade like yesterday.


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