Hi traders,
Last week EU was in consolidation and swept weak highs and lows.
The last low was swept too making the high weak. So ideally we would see the highs to be broken and price comes in the HTF supply zone. From there I look for a change in orderflow to bearish.
So next week we could see another move up and after that a big drop maybe during US CPI news.
Trade idea: Wait for the mitigation of the HTF supply/ FVG zone and trade sells after a HTF change in orderflow to bearish.
Let's see what the price action does next week and react.
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!
Last week EU was in consolidation and swept weak highs and lows.
The last low was swept too making the high weak. So ideally we would see the highs to be broken and price comes in the HTF supply zone. From there I look for a change in orderflow to bearish.
So next week we could see another move up and after that a big drop maybe during US CPI news.
Trade idea: Wait for the mitigation of the HTF supply/ FVG zone and trade sells after a HTF change in orderflow to bearish.
Let's see what the price action does next week and react.
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!