#GBPUSD 🇬🇧🇺🇸
As forecasted in the previous post, price continued exactly within the expected structure. The upside potential remains strong, but patience is key.
Before we rush in, let’s quickly remember our —> trading plan!
📌 Why we avoid Wave 1
• Confirm the correction is complete.
• Early entries offer poor risk-to-reward.
• Wave 1 may still be part of the correction; avoid traps.
📌 What we wait for
Enter at the start of Wave 3, where:
✅ Structure is confirmed
✅ Momentum is stronger
✅ RRR is significantly higher
Waiting for minor Wave 1 & 2 protects from losses and provides high-probability setups.
Similar structures are forming across multiple pairs.
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