Hi traders,
Last week SPX500USD made a correction and went up again for wave 5 of the bigger wave 3.
Price is slowing down but this pair is still bullish. So for next week this pair could still go up a little more but I think we could see a bigger correction down soon.
Trade idea: trade short term buys after the finish of a small correction down on a lower timeframe and a shift in orderflow to bullish.
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!
Eduwave
Last week SPX500USD made a correction and went up again for wave 5 of the bigger wave 3.
Price is slowing down but this pair is still bullish. So for next week this pair could still go up a little more but I think we could see a bigger correction down soon.
Trade idea: trade short term buys after the finish of a small correction down on a lower timeframe and a shift in orderflow to bullish.
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!
Eduwave