In the higher timeframe, we are doing a pullback. Also, the lower timeframe looks bearish. We are waiting for an ABC correction to the upside and initiate a short from there.
Hello, I am always watching your videos on UK100, would it be possible to draw the trend prediction whilst explaining where you think it will be heading? That would help me understand more. Thank you for your uploads and effort.
AndyCuckoo
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@MusFX11, Hi, thanks for your support and question. Sometimes I do the update while recording, sometimes I do it before because there was a 'need' to update it for my own trading. It's a good point. In case I already did the drawing, I will explain better what exactly I did and why.