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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 Time2/26/25 8:54 AM
Direction Buy
Status Closed (1.0445)
8:54
8:54
Feb. 26, 2025
Forecast
+45 p
1.0540
Target 1
1.0495
Entry
-50 p
1.0445
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. MVP line is below the price and acts as a support level.
  4. Set Take profit at the local price maximum.
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