Hello traders,
This morning I am bullish on EUR/USD from 1.1560. I found emotional selling this morning and 2x 3 wide prints on session separated profile, which is a sign of weak money selling. I also found a potential intraday buying tail and today's value is overlapping to higher relative to the previous day (bullish). Yesterday's close was well of the low, which is another sign that sellers might be got trapped. Today's point of control at 1.1582. I am targeting 40-50 pips.
Petar
This morning I am bullish on EUR/USD from 1.1560. I found emotional selling this morning and 2x 3 wide prints on session separated profile, which is a sign of weak money selling. I also found a potential intraday buying tail and today's value is overlapping to higher relative to the previous day (bullish). Yesterday's close was well of the low, which is another sign that sellers might be got trapped. Today's point of control at 1.1582. I am targeting 40-50 pips.
Petar
"Buy on fear, sell on greed !!!
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