Hi traders,
Last week XAUUSD did exactly what I've said in my outlook. It made a correction down and after that it went up again. Now it started the bigger correction down.
So for next week we could see a (small) correction up and after that another drop.
Let's see what price does and react.
Trade idea: wait for a correction up and a change in orderflow to bearish on a lower timeframe to go short.
If you want to learn more about trading with ICT/ SMC concepts 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 did exactly what I've said in my outlook. It made a correction down and after that it went up again. Now it started the bigger correction down.
So for next week we could see a (small) correction up and after that another drop.
Let's see what price does and react.
Trade idea: wait for a correction up and a change in orderflow to bearish on a lower timeframe to go short.
If you want to learn more about trading with ICT/ SMC concepts 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