Hi traders,
Last week EU was in a big consolidation. This looks like a triangle (orange wave B). So next week this pattern could be finished and after that we could see another move to the downside.
Trade idea: Trade sells after a correction up and a LTF change in orderflow to bearish.
Let's see what the price action does next week and react.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Last week EU was in a big consolidation. This looks like a triangle (orange wave B). So next week this pattern could be finished and after that we could see another move to the downside.
Trade idea: Trade sells after a correction up and a LTF change in orderflow to bearish.
Let's see what the price action does next week and react.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!