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EURUSD - Downward trend will continue, Short trade by market price recommended

Jacob Powell on FXSSI Jacob Powell Expert
main-sell-market-trend-1
Forecast Details
PairEURUSD
Publication Time5/18/26 6:28 AM
Direction Sell
Status Closed (1.1600)
6:28
6:28
May 18, 2026
Forecast
-45 p
1.1675
Stop Loss
1.1630
Entry
+50 p
1.1580
Target 1
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Chart & Analyst Comments

main-sell-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. MVP line is above the price and acts as a resistance level.
  4. Set Take Profit at the local low, beyond which there is a cluster of orders.
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