Trading_investing_2021

EURUSD BEARISH WEDGE?

Long
OANDA:EURUSD   Euro / Dolar USA
Instrument: EURUSD
Base technical indicator: EMA CROSS 200_100
Current signal of base tech indicator: SHORT
Base technical indicator win-rate: 64%
Days for backtesting: 2229
Timeframe for backtesting: 1D
Price at the day of forecast: 1,0828
Enter point (market): on chart
Take-profit (model data): on chart
Current stop-loss: on chart
Multiple for stop-loss strategy ATR(14) x 1,6
Average trades per month with base technical indicator: <1
Average time for 1 trade with base technical indicator: 101
Average profit per 1 trade: 0,72%
Projected annual return w/o leverage: 3,3%
Technical analysis applicability for 3325 technical strategies: 58%
Technical analysis recommendations:
Long: 99%
Short: 1%
Neutral: 0%
Comments: Although 99% percent of technical indicators show a long signal, a bullish pattern has formed on the chart. Also, one conservative technical indicator with a high win rate level (EMA Cross 200 100) has a sell signal. In case of support low wedge breakout: sell

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