Hi traders,
Last week XAUUSD went down very slowly. This could be the end of a triangle.
So for next week we could see this pair go lower again to continue the last wave C to complete the bigger (black) ABC correction down.
Let's see what price does and react.
Trade idea: trade sells after a change in orderflow to bearish.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and 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
Last week XAUUSD went down very slowly. This could be the end of a triangle.
So for next week we could see this pair go lower again to continue the last wave C to complete the bigger (black) ABC correction down.
Let's see what price does and react.
Trade idea: trade sells after a change in orderflow to bearish.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and 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