AUDJPY - Downward trend will continue, Short trade by market price recommended
July 4, 2019 6:24:25 PM
Forecast Details
PairAUDJPY
Direction
Sell
StatusClosed (75.65)
-50 p
76.15
Stop Loss
75.65
Entry
+45 p
75.20
Target 1
About Author
Alexander Zorevyk
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 2
Buy or Sell
Chart & Analyst Comments
- The Current Ratios indicator have reached critical value, too many traders expect an upward movement. In this case, we recommend selling only.
- There is an increase in the number of bulls on the upward movement with subsequent correction. We regard this movement as a trap for buyers and look forward to a downward movement.
- MVP line is above the price and acts as a resistance level.
- We are setting our stop loss at the level where there are not many of our market competitors stop losses.