Hi traders,
EURUSD rejected from the HTF Fair Value Gap and broke structure to bearish.
So I expect now a bigger A-B-C correction. I think for next week this pair can go lower into the next demand to sweep the liquidity under the previous lows. After that it can make a small correction for wave 4 and then go down again for wave 5 of the A-leg.
Let's see what the price action does next week.
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!
EURUSD rejected from the HTF Fair Value Gap and broke structure to bearish.
So I expect now a bigger A-B-C correction. I think for next week this pair can go lower into the next demand to sweep the liquidity under the previous lows. After that it can make a small correction for wave 4 and then go down again for wave 5 of the A-leg.
Let's see what the price action does next week.
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!