please apologize me for previous GBPUSD Long prediction that it was making a retracement of wave 2.
After much deliberation the wave retrace to 38.2 fib level, and this corresponded to abc correction.
as we can see in the highlighted box, the previous wave was an impulsive one, hence current price is making a wb to wc correction.
this is a high probability setup i believe.
After much deliberation the wave retrace to 38.2 fib level, and this corresponded to abc correction.
as we can see in the highlighted box, the previous wave was an impulsive one, hence current price is making a wb to wc correction.
this is a high probability setup i believe.
