EURUSD Very Bullish on 09.02.2023

-Good morning,

-A quick analysis on what we are seeing on EURUSD here.

-First of all we can see that yesterday's candle closed bearish BUT with no wick on the bottom.

-No wick mostly is a sign of exhaustion and we can interpret this as a sign of exhaustion of bearish momentum.

-For this, i will be looking to capture buy catalysts at the intraday levels.

-The markets could fly high today. Let's see how it goes.

Komentar:

Break & Retest trade?

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Trade no.1 closed on profits.

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Bulls are definitely taking over

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Thanks everybody for today. All trades closed on profits