EURUSD - Upward trend will continue, Long trade by market price recommended
March 10, 2020 6:09:36 PM
Forecast Details
PairEURUSD
Direction
Buy
StatusClosed (1.125)
+85 p
1.1405
Target 2
+65 p
1.1385
Target 1
1.1320
Entry
-69 p
1.1250
Stop Loss
About Author
Jacob Powell
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 0
Buy or Sell
Chart & Analyst Comments
- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
- Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
- We see an accumulation of loss sellers below the current price in the right Order Book. This cluster can act as a support.