EU could go lower

231
Hi traders,

Last week EU made another bigger pullback, swept the liquidity and after a change in orderflow to bearish, it dropped.

Next week we could see this pair go lower again to finish wave 5 (black).

Let's see what the market does and react.

Trade idea: Wait for a small correction, a change in orderflow to bearish on a lower timeframe and trade shorts.

If you want to see more from my analysis, please make sure to follow me, give a boost or 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

Disclaimer

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.