Hi traders,
Last week XAUUSD finished the impulsive wave 3, making a new ATH and after that it corrected for wave 4.
It looks like wave 4 is finished and rejected from the Daily FVG.
So next week we could see more upside for this pair.
Let's see what price does and react.
Trade idea: Wait for an impulsive move up and a change in orderflow to bullish. After a small correction down on a lower timeframe you could trade longs.
If you want to learn more about trading FVG's & liquidity with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
Don't be emotional, just trade your plan!
Eduwave
Last week XAUUSD finished the impulsive wave 3, making a new ATH and after that it corrected for wave 4.
It looks like wave 4 is finished and rejected from the Daily FVG.
So next week we could see more upside for this pair.
Let's see what price does and react.
Trade idea: Wait for an impulsive move up and a change in orderflow to bullish. After a small correction down on a lower timeframe you could trade longs.
If you want to learn more about trading FVG's & liquidity with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
Don't be emotional, just trade your plan!
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
🔥 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.
🆓 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.