EURUSD - the pair is about to leave the flat range

May 8, 2019 10:20:07 AM by Jacob Powell
Forecast Details
PairEURUSD
Direction Buy
StatusClosed (1.119)
10:17
10:17
May 8, 2019

+80 p
1.1275
Target 1
1.1195
Entry
-74 p
1.1120
Stop Loss
Chart & Analyst Comments
EURUSD - the pair is about to leave the flat range
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. The Ratios indicator demonstrates a market shift towards sellers. Their increase while the downward movement may indicate a successfully triggered trap. Possible price reversal up.
  3. The Profit Ratio indicator doesn't react on upward movement. This means that the movement is not fake.
  4. Here is the crucial stop loss level to serve as a goal for our trading idea.