Hi traders,
Last week SPX500USD made an impulsive downmove followed by a deeper retracement up before it dropped again just like I've said in my outlook.
Now we should see another correction up to rebalance into the FVG and another drop.
Trade idea: Trade sells after a (small) correction up on a lower timeframe and a change in orderflow to bearish.
If you want to learn more about 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!
Eduwave
Last week SPX500USD made an impulsive downmove followed by a deeper retracement up before it dropped again just like I've said in my outlook.
Now we should see another correction up to rebalance into the FVG and another drop.
Trade idea: Trade sells after a (small) correction up on a lower timeframe and a change in orderflow to bearish.
If you want to learn more about 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!
Eduwave