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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 Time6/17/19 3:59 PM
Direction Sell
Status Closed (1.1385)
Jun. 17, 2019
Jun. 24, 2019
Forecast
-150 p
1.1385
Stop Loss
1.1235
Entry
+145 p
1.1090
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 decrease in the sellers volume, together with the increase in the buyers volume, confirms the need to Sell according to our trading idea.
  3. MVP line is above the price and acts as a resistance level.
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