Hi traders,
For SPX500USD there are multiple possibilities. My main wavecount is that we are in a slow start of wave 3 of the bier wave 5. So this week I will look for a correction on a smaller time frame and I will buy.But Watch out for the supply area above. It could be that price reverses from there to finish wave C of a larger flat correction.
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 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 Trading
For SPX500USD there are multiple possibilities. My main wavecount is that we are in a slow start of wave 3 of the bier wave 5. So this week I will look for a correction on a smaller time frame and I will buy.But Watch out for the supply area above. It could be that price reverses from there to finish wave C of a larger flat correction.
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 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 Trading