More upside and a drop for EU

Hi traders,

Last week EU started the pullback just like I've said in my outlook. Now the pullback is becoming much bigger, so it could also be a leading diagonal for the next impulsive wave up.

Next week I'd like to see price coming into the Daily FVG's above which is also the 50.0-61.8 fib retracement and from there a drop.

Let's see what the market does and react.

Trade idea: Price is too low to trade. Wait for the bigger correction up to finish.

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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
Elliott WaveTrend Analysis

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