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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 Time2/24/26 8:29 AM
Direction Sell
Status Closed (1.1815)
8:29
8:29
Feb. 24, 2026
Forecast
-30 p
1.1815
Stop Loss
1.1785
Entry
+35 p
1.1750
Target 1
+50 p
1.1735
Target 2
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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. Upward price movement is accompanied by reversal signals of Profit Ratio indicator.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  4. The first target is at the level of the previous bottom - 1.175, and the second one, in case of an active price decrease, is at the level - 1.1735
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