All these predictions are made by Quantitative Analysis Algorithms following short term trends. These Quantitative Analysis Algorithms will calculate maximum correction relative to previous impulses.
Relative to previous bullish impulse we are now in a bearish correction. So algorithm expecting a short term bullish impulse.
Relative to previous bullish impulse we are now in a bearish correction. So algorithm expecting a short term bullish impulse.
Comment:
50 Pips moved. Break even to Entry
Comment:
Trade closed with small profit. Because we break even to entry after moving 50 Pips