GBPUSD trending bullish right now. Created well defined impulses and corrections.
Two traders can enter at the same price, one taking buys trade, the other one a sell trade. Only one can profit, right? Nope. The price can move both ways at different points of time from the initial entry, and both traders can profit. On the other hand, a desperate premature exit can cause both traders to lose. So, it is a matter of your own trading system....
All these predictions are made by Semi-Automated Algorithms following short/mid-term trends. The Algorithmic System will calculate maximum correction relative to previous impulses.