Hi traders,
Last week gold swept the liquidity and went up again just as I said in my outlook.
The last wave down could be wave 2 or it’s part of a big Triangle (orange C)/ Flat.
Next week we could see this pair go up again to finish (orange) Wave D. After that we could see another move down for Wave E.
Let’s see what price does and react.
Trade idea: Wait for the bigger correction to complete.
If you want to learn more about trading FVG’s & liquidity sweeps with wave analysis, 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
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