Hi traders,
SPX500USD made a correction and is now at the last demand area which has confluence with the fibs 50.0-61.8. It also made a double bottom pattern.
This week we expect this pair will go higher from here so we will buy to minimal the last high but it can go much higher.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading
SPX500USD made a correction and is now at the last demand area which has confluence with the fibs 50.0-61.8. It also made a double bottom pattern.
This week we expect this pair will go higher from here so we will buy to minimal the last high but it can go much higher.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading