-Good morning @dingbatone and EMKioko followers,
-Work up to see EURUSD had retraced to a past weekly resistance with an explosive move after traders secured good profits at 1.08690 zone.
I didn't expect the massive drop but everyday is a learning day.
-The weekly timeframe is quite a strong one. One thing we should remember is that we are in a bull's market. And with every retracement, posses a great opportunity for traders around the world to cash in on the anticipated bullish trend.
-Now that price has hit a zone, am going to be eagle eyed to capture some bullish catalysts on this zone
-My intuition is that most sell catalysts will be fake outs on this zone. But that's just my view.
-Our work is to listen to the tape and act accordingly without arguing with it.
Good luck in the markets fellas.
-Work up to see EURUSD had retraced to a past weekly resistance with an explosive move after traders secured good profits at 1.08690 zone.
I didn't expect the massive drop but everyday is a learning day.
-The weekly timeframe is quite a strong one. One thing we should remember is that we are in a bull's market. And with every retracement, posses a great opportunity for traders around the world to cash in on the anticipated bullish trend.
-Now that price has hit a zone, am going to be eagle eyed to capture some bullish catalysts on this zone
-My intuition is that most sell catalysts will be fake outs on this zone. But that's just my view.
-Our work is to listen to the tape and act accordingly without arguing with it.
Good luck in the markets fellas.
Massive win for them bois