Going into this week with only the trend in mind , and looking to participate when certain criteria is met. I feel this entire week for the pound was for corrective measures to lure in retail , bringing divergence to what the true sentiment was, and the technicals seen printed on the chart. Being bearish and being the bear are two different concepts. One is sentimental the other is a being in recognizable action. And thats the key point, recognizing which animal is in action. Whether it be a build up or trend environment. Every timeframe has footprinting.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.