Last week EU did exactly what I've predicted in my outlook. After it swept the liquidity above the previous high, it dropped and broke the structure swing low.
Next week we could see this pair go lower again to finish wave 5 (black).
Let's see what the market does and react.
Trade idea: Wait for a change in orderflow to bearish on a lower timeframe and trade shorts.
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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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