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

May 14, 2019 9:04:32 AM by Jacob Powell
Forecast Details
PairEURUSD
Direction Buy
StatusClosed (1.119)
9:02
9:02
May 14, 2019

+44 p
1.1285
Target 1
1.1240
Entry
-50 p
1.1190
Stop Loss
Chart & Analyst Comments
EURUSD - Upward trend will continue, Long trade by market price recommended
  1. Analyzing the current ratio of trader positions, we see a formed signal that confirms our idea of buy order(s) only.
  2. The dynamics of the Ratios indicator signals possible buys. Pay attention to the area marked on the image.
  3. The Profit Ratio indicator doesn't react on upward movement. This means that the movement is not fake.
  4. Here we see an accumulation of sellers "locked" with a loss positions. We will consider this zone as a support.