Hi traders,
Last week we said SPX500USD would go up to at leat the last high. It did go up but at the supply area it fell to make a last leg down. Ater that it made an impulse leg up.
So this week we will look for a correction down to a demand area with fib confluences and buy again. We still think this pair could go much higher.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading
Last week we said SPX500USD would go up to at leat the last high. It did go up but at the supply area it fell to make a last leg down. Ater that it made an impulse leg up.
So this week we will look for a correction down to a demand area with fib confluences and buy again. We still think this pair could go much higher.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading