Last week EU went as I've predicted in my outlook. It finished the correction down and after that it went up impulsive to follow with another correction down. This could be wave 1 and 2 of the bigger (red) wave 3.
It this is true, then next week we could see another impulsive wave up into the direction of the Daily FVG higher.
Let's see what the market does and react.
Trade idea: Wait for the correction down to finish. After a change in orderflow to bullish and a small correction down on a lower timeframe, you could trade longs.
Note: Next week there will be no analysis because I'm on holiday with my family. The week after that I will be back with my analysis.
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. If you don't agree, that's fine but I don't need to know it. I do not provide signals.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.