EN

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

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairEURUSD
Publication Time3/12/19 8:47 AM
Direction Sell
Status Closed (1.1355)
Mar. 11, 2019
Mar. 18, 2019
Forecast
-100 p
1.1355
Stop Loss
1.1255
Entry
+85 p
1.1170
Target 1
+120 p
1.1135
Target 2
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. Analyzing the market sentiment with Current Ratio indicator, we see a formed signal that confirms our idea of Sell Order.
  2. The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
  3. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  4. MVP line is above the price and acts as a resistance level.
  5. Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
    index: 1x 0.030298948287964s
t_/pages/forecast: 1x 0.028136014938354s
t_/common/header-new: 1x 0.017312049865723s
t_/common/head: 1x 0.013559103012085s
t_/common/footer-new: 1x 0.0024869441986084s
t_/common/cookie-banner: 1x 0.00087189674377441s
router_page: 1x 0.00075101852416992s
router: 1x 0.00060606002807617s
t_/popups/on-download: 1x 0.00045204162597656s
t_/blocks/sidebar-afil: 1x 0.00027680397033691s
service-routes: 1x 0.00019121170043945s
router_redirection: 1x 0.00010204315185547s
t_/popups/zoom: 1x 1.1920928955078E-5s
----- END OF DUMP (2025-07-20 11:51:07)  -----