EU slowly going down

14 בדצמ׳ 2024

Hi traders,

Last week EU did exactly what I've said in my outlook.
After a small correction up it began to drop slowly. This could be a leading diagonal wave 1.

So for next week we could see a correction up for wave 2 and another drop to finish wave 5 (black).

Let's see what the market does and react.

Trade idea: Wait for the small correction up to finish and a change in orderflow to bearish on a lower timeframe and trade shorts.

If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment.

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.

Don't be emotional, just trade!

Eduwave