Hi traders,
Last week EU went up very corrective and dropped again. This looks like another impulse down.
So the start of the light blue HTF wave C has to wait. Let's see what price does after it breaks the low.
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 went up very corrective and dropped again. This looks like another impulse down.
So the start of the light blue HTF wave C has to wait. Let's see what price does after it breaks the low.
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!