Hi traders,
SPX500USD made a drop and after that it went up again. I think this pair is now making a larger triangle correction or zigzag (wave 4). This is a very difficult wave to trade so my advice is to wait for price to finish the correction. After that you can look for buys again.
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 drop and after that it went up again. I think this pair is now making a larger triangle correction or zigzag (wave 4). This is a very difficult wave to trade so my advice is to wait for price to finish the correction. After that you can look for buys again.
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