Hi traders,
This is the last chance for SPX500USD to go up again.
Last week the price action of SPX500USD dropped to the lower Daily FVG and gave a reaction to the upside.
So next week we could see a (corrective) upmove to the higher Weekly FVG. It depends if the upmove is corrective or impulsive what we will be the move after that.
But also fundamentally we could see more longer term downside for this pair.
Let's see what the market does and react.
Trade idea: Wait for a small correction down to finish and after that a change in orderflow to bullish on a lower timeframe to trade longs.
If you want to see more from my analysis, please make sure to follow me, give a boost 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.
If you don't agree, that's fine but I don't need to know it. I do not provide signals.
Don't be emotional, just trade!
Eduwave
This is the last chance for SPX500USD to go up again.
Last week the price action of SPX500USD dropped to the lower Daily FVG and gave a reaction to the upside.
So next week we could see a (corrective) upmove to the higher Weekly FVG. It depends if the upmove is corrective or impulsive what we will be the move after that.
But also fundamentally we could see more longer term downside for this pair.
Let's see what the market does and react.
Trade idea: Wait for a small correction down to finish and after that a change in orderflow to bullish on a lower timeframe to trade longs.
If you want to see more from my analysis, please make sure to follow me, give a boost 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.
If you don't agree, that's fine but I don't need to know it. I do not provide signals.
Don't be emotional, just trade!
Eduwave
🆓 Check my IG posts for free education
💯 Learn to trade my plan based on FVG's and wave analysis with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
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💯 Learn to trade my plan based on FVG's and wave analysis with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 Other (free) products: eduwavetrading.gumroad.com
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.
🆓 Check my IG posts for free education
💯 Learn to trade my plan based on FVG's and wave analysis with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 Other (free) products: eduwavetrading.gumroad.com
💯 Learn to trade my plan based on FVG's and wave analysis with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 Other (free) products: eduwavetrading.gumroad.com
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.