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

May 15, 2019 5:51:56 AM by Jacob Powell
Forecast Details
PairEURUSD
Direction Buy
StatusClosed (1.121)
5:40
5:40
May 15, 2019

+69 p
1.1280
Target 2
+49 p
1.1260
Target 1
1.1210
Entry
-49 p
1.1160
Stop Loss
Chart & Analyst Comments
EURUSD - Upward trend will continue, Long trade by market price recommended
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. Downward price movement is accompanied by reversal signals for Profit Ratio.
  3. The last upward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  4. We are setting the take profit of our order to the closest level with a large number of stop orders.