We're short | 09 Febrero 2023

09 Febrero 2023, EUR/USD

We're short

EURUSD has been trending upward from the beginning of the major wave (I),0.9529, to the major wave (V),1.1024. The market is currently correcting in the form of a 3-wave corrective pattern. The price is currently at minor corrective wave a,(1.0664). Again, the price has formed a double top at (1.0762), because of this double top the price is likely to drop up to around (1.0667), I expect the price to form a double bottom at this level and then to buy up to (1.0872). We will mark,1.0872, as our minor corrective wave b.

Trade Recommendations:

We're short


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Bob Stan
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