Hi traders,
Last week EU went into a consolidation so now the situation is changed. It swept the lows but didn't close below it. This could be an indication that it wants to go up again and that the bigger (red) correction is finished. I've updated the wavecount.
So for next week I think this pair could go up to sweep the previous highs.
Trade idea: Trade buys after a change in orderflow to bullish on a lower timeframe.
If you want to learn more about trading with SMC/ ICT 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!
Eduwave
Last week EU went into a consolidation so now the situation is changed. It swept the lows but didn't close below it. This could be an indication that it wants to go up again and that the bigger (red) correction is finished. I've updated the wavecount.
So for next week I think this pair could go up to sweep the previous highs.
Trade idea: Trade buys after a change in orderflow to bullish on a lower timeframe.
If you want to learn more about trading with SMC/ ICT 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!
Eduwave