Hello, world.
This profile is focused on a statistical analysis, and our robot found out there is a 60% probability that we will reverse currently on EURUSD.
While candlestick patterns may show a good trending plot and we have support at 1.14591, if we look on data, there is a great possibility to reverse, as the robot sees a bull trap here last 2 days, and a consolidation which turns out to a decline.
It opened order:
EURUSD
1.14726
SL 1.15043
TP 1.13621
Enjoy your sailing, and keep stable risk management!
This profile is focused on a statistical analysis, and our robot found out there is a 60% probability that we will reverse currently on EURUSD.
While candlestick patterns may show a good trending plot and we have support at 1.14591, if we look on data, there is a great possibility to reverse, as the robot sees a bull trap here last 2 days, and a consolidation which turns out to a decline.
It opened order:
EURUSD
1.14726
SL 1.15043
TP 1.13621
Enjoy your sailing, and keep stable risk management!
Trade active:
Seems like all yesterday's up movement has been absorbed by today's shift down.
Comment:
Take partial profit between 1.14350 - 1.14150, and move stoploss to break-even.
Comment:
We have one more order for down-trend continuation.
Keep both, and move stoploss of the first to 1.14203
We have one more order for down-trend continuation.
Keep both, and move stoploss of the first to 1.14203
Trade closed manually:
Closed near the target.
