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

17 juillet 2019 04:54:50 by Jacob Powell
Details des prévisions
PaireEURUSD
Direction Vendre
Statut Fermé (1.1235)
4:41
4:41
17 juil. 2019

-55 p
1.1270
Excédent des pertes
1.1215
Entrée
+49 p
1.1165
Cible 1
Tableau et analyses d'experts
EURUSD - Downward trend will continue, Short trade by market price recommended
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  1. According to the most brokers’ data, more than half of the traders are currently in long positions on EURUSD. As a result, we recommend considering going only short at this time.
  2. The indicator shows a slight increase in buyers. This suggests that the market crowd responded to this level.
  3. MVP line is above the price and acts as a resistance level.
  4. In the left orderbook, we see a cluster of stop losses and stop orders right at the level of the previous support. This is a good level for placing take profit according to our forecast.