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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 Time10/31/25 8:39 AM
Direction Sell
Status Closed (1.1525)
8:39
8:39
Oct. 31, 2025
Forecast
-35 p
1.1600
Stop Loss
1.1565
Entry
+40 p
1.1525
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. We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.
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