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EURUSD - Upward trend will continue, Long trade by market price recommended

Jacob Powell on FXSSI Jacob Powell Expert
main-buy-market-trend-1
Forecast Details
PairEURUSD
Publication Time2/12/25 8:40 AM
Direction Buy
Status Closed (1.0325)
8:40
8:40
Feb. 12, 2025
Forecast
+45 p
1.0415
Target 1
1.0370
Entry
-45 p
1.0325
Stop Loss
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Chart & Analyst Comments

main-buy-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. Price broke through the MVP line and rushed up. We consider this a sign for further EURUSD price increase.
  4. The risk/reward ratio allows you to set Take Profit at the same level where the SLC indicator signals that there are Stop orders - 1.0415
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