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.

Kommentera:

Break & Retest trade?

Kommentera:

Trade no.1 closed on profits.

Kommentera:

Bulls are definitely taking over

Kommentera:

Thanks everybody for today. All trades closed on profits