Knowing which waves to engage with enhances quality
7/28~8/1 Reflecting on the stretched waves
When you look at a week's price movement in 4 hours, you can see that there are only a few waves that extend from a pullback after a pullback (retracement).
For those who tend to take positions frequently, knowing this will help reduce the number of trades.
To the right of the vertical pink line is this week's price action. The white frame indicates the wave that should be involved from the pullback after the pullback with 4h MA support/resistance. (Which one actually enters will be explained later.)
EURUSD, GBPUSD are
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