Disliked{quote} GBPUSD UPDATE OK, so some people look only at 1 or 2 TFs and make their trading decisions. Here is a great example of why it is important to look at smaller TFs to give you a clue about what is more LIKELY to occur. Yes, as already stated, the H4/H8 had confirmed making a RALLY to the confirmed D2 down (that is working on W1 that is coming down), so these rallies on bigger TFs are for counter-trend trades. When the rally ends, look for the sell entries. For example,...Ignored
Hindsight analysis is always perfect. That's what fake hindsight trading gurus sitting in their arm-chair do every day promoting their trading systems.
LOL ... hindsight trading guru sees "TDI and stochastic failed to make higher highs."
Oscillators work based on the price, in ranging market oscillators oscillates the way they are intended to.... without price movements oscillators don't have any work to do.
I can tell you now that looking at the previous Days candle ... the trend is down. Price make lower highs lower lows .... and the oscillator continue to oscillates.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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