Hi traders,
Last week EU did exactly what I’ve said in my outlook.
After a small correction up for wave 2, it dropped and made another correction up into the Daily FVG.
This correction up is now finished, so next week we could see this pair go lower again to finish wave 5 (black).
Let’s see what the market does and react.
Trade idea: Wait for a change in orderflow to bearish on a lower timeframe and trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a boost or 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