Last week SPX500USD went up, dropped and went up again.
I think next week we could see another move down into the 4H FVG to finish the correction and after that a continuation of the upmove to finish wave 3.
Trade idea: Wait for a change in orderflow to bullish and a 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. 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.