Bigger correction down for EUHi traders,
Last week EU went down and up in a range. The way price is moving it looks like it will make a bigger correction down to maybe finish the E-leg.
If this analysis is correct we could see another downmove next week.
After that we could see the bigger upmove.
Trade idea: Wait for a change in orderflow to bearish to trade shorts after the finish of a correction down on a lower timeframe.
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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.
Don't be emotional, just trade!
Eduwave