Hi traders,
Last week EU consolidated and shot up during CPI. Now we could see a (corrective) move down. The weekly candle closed very bullish so wait for more confirmation.
So next week I will look for a move down. If it's corrective we can see another move up. But if it's impulsive, this could be the ending of the bigger correction (wave B).
Trade idea: Wait for the mitigation of the HTF FVG zone and Watch how price reacts from there.
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 consolidated and shot up during CPI. Now we could see a (corrective) move down. The weekly candle closed very bullish so wait for more confirmation.
So next week I will look for a move down. If it's corrective we can see another move up. But if it's impulsive, this could be the ending of the bigger correction (wave B).
Trade idea: Wait for the mitigation of the HTF FVG zone and Watch how price reacts from there.
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!