FXCM-EDU
Long

Possible trend shift in EURUSD – going long

FX:EURUSD   Euro / U.S. Dollar
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23
3991 4
Signal ID: 68602
Time Issued: Wednesday, 09 October 2019 08:00:16 GMT
Status: open
Entry: 1.0967 - 1.09877
Limit: N/A
Stop Loss: 1.09359

The Tidal Shift Strategy has just bought EURUSD at 1.09773. The system recommends entering this trade at any price between 1.0967 and 1.09877. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.01482, which suggests that the EURUSD could be trending upwards.The 14-period Average True Range on a daily chart is 0.00083, so the stop loss has been set at 1.09359. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
I can't understand why you're so sure you should buy
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I think they will do stop hunt first
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forexcandles DaweFXHunter
@DaweFXHunter, Yes your right On further survey and at the moment there to be between 1.1040 & 1.1060 within the current range higher.
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There still every change here that at the Euro Rate Price will oblige the 78% bar low at 1.0801 - Current Spot Price 1.0975
1.0801 is the realistic and secure Pivot Point Level for the Rate. If Price pushes high then 1.1547 is current set target high and resistance level.
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