Hi traders,
Last week EU dropped more to the equilibrium (50%). This could be wave 1 of (red) C. I still think that we have to see a bigger correction up to go lower again.
So next week price could make a correction up to sweep the previous highs and then drop again.
Trade idea: Wait for a correction up and look for sells after a 1H change in orderflow to bearish.
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 dropped more to the equilibrium (50%). This could be wave 1 of (red) C. I still think that we have to see a bigger correction up to go lower again.
So next week price could make a correction up to sweep the previous highs and then drop again.
Trade idea: Wait for a correction up and look for sells after a 1H change in orderflow to bearish.
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!
VIP Discord EU with: my detailed daily outlook, strategy, weekly video outlook, my setups/ trades (no signals) and more: eduwavetrading.gumroad.com/l/vipdiscord Daily 10R profits with small risk!