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AUDJPY - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairAUDJPY
Publish Time5/23/19 5:37 PM
Direction Sell
Status Closed (75.60)
17:32
17:32
May 23, 2019
Forecast
-50 p
76.00
Stop Loss
75.50
Entry
+50 p
75.00
Target 1
Related Links
How to use MT4/5 Indicators Tools

Chart & Analyst Comments

main-sell-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  3. The increase in buyers is observed both in the downward movement and in the retracement movements. Retail traders still believe in the possibility of price increase.
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