Last week EU made a small correction and went a little more up. After that it made the first leg down of a bigger correction just like I've said in my outlook. So have you made some profit?
Next week we could see a small correction up and another downmove to finish the bigger correction.
So let's see what the market does and react.
Trade idea: Wait for the correction up and look for a change in orderflow to bearish to trade short term shorts after the finish of a correction up on a lower timeframe.
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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. I do not provide signals.
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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.