Last week EU went a little bit more up and rejected from the Montly FVG again. After that it started the last leg of the correction down just as I've said in my outlook.
So next week we could see the pullback finish into the Weekly/ Daily BPR and after that more upside.
Let's see what the market does and react.
Trade idea: Wait for the correction down to finish. If you see an impulsive move up and a change in orderflow to bullish, then wait for a small correction down on a lower timeframe to trade longs.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.