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
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Seems like all yesterday's up movement has been absorbed by today's shift down.
Comment
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Take partial profit between 1.14350 - 1.14150, and move stoploss to break-even.
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We have one more order for down-trend continuation. Keep both, and move stoploss of the first to 1.14203