More down for EU

Jul 27, 2024

Hi traders,

Last week EU made a small correction up and another downmove just like I've said in my outlook. After that it made a bigger correction up.

So next week we could see another downmove to finish the bigger correction.

Let's see what the market does and react.

Trade idea: Wait for the correction up to finish and look for a change in orderflow to bearish to trade short term shorts after the finish of a correction up on a lower timeframe.

If you want to see more from my 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

Jul 27, 2024

Note

I'm on holiday the next two weeks so no outlooks. I will be back after two weeks.