Hi traders,
The price action of SPX500USD last week went exactly as what I've said in my outlook.
I said we could see a (corrective) upmove to the higher Weekly FVG. It depends if the upmove is corrective or impulsive what would be the move after that.
But also fundamentally we could see more longer term downside for this pair.
Price went corrective up, rejected from the Weekly FVG higher and dropped!
So next week we could see more downside for this pair.
Let's see what the market does and react.
Trade idea: Wait for a small correction up on a lower timeframe to trade shorts.
If you want to learn more about trading FVG's & liquidity with Wave analysis, then 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 technical analysis.
Don't be emotional, just trade your plan!
Eduwave
The price action of SPX500USD last week went exactly as what I've said in my outlook.
I said we could see a (corrective) upmove to the higher Weekly FVG. It depends if the upmove is corrective or impulsive what would be the move after that.
But also fundamentally we could see more longer term downside for this pair.
Price went corrective up, rejected from the Weekly FVG higher and dropped!
So next week we could see more downside for this pair.
Let's see what the market does and react.
Trade idea: Wait for a small correction up on a lower timeframe to trade shorts.
If you want to learn more about trading FVG's & liquidity with Wave analysis, then 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 technical 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.