Euro / U.S. Dollar
Long

More upside for EU

68
Hi traders,

Last week EU went higher for the start of the next (impulsive or corrective) wave up as expected.
Next week we could see price go higher to finish (red) wave 5 but price is slowing down.
So the next big impulsive wave down is coming soon.

Let's see what the market does and react.

Trade idea: Wait for the finish of a correction down and a change in orderflow to bullish on a lower time frame to trade longs.

NOTE: the next three weeks I'm on holiday and I will not post any outlook during this period publicly.

If you want to learn more about trading with FVG's, liquidity sweeps and Wave analysis, then make sure to follow me.

This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.

Don't be emotional, just trade your plan!

Eduwave

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