EN

The market has stabilized, the first signs of a downtrend appeared

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-trend-2
Forecast Details
PairAUDJPY
Publication Time7/30/19 5:48 PM
Direction Sell
Status Closed (75.00)
17:47
17:47
Jul. 30, 2019
Forecast
-50 p
75.50
Stop Loss
75.00
Entry
+50 p
74.50
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-trend-2
  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 activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. The idea of ​​this Sell forecast is based on a long-term downtrend, which is confirmed by the MVP indicator dynamics.
  4. This cluster of orders acts as a resistance. For our forecast, stop loss is reasonable to set higher than this cluster.
    index: 1x 0.031620979309082s
t_/pages/forecast: 1x 0.029458045959473s
t_/common/header-new: 1x 0.019286155700684s
t_/common/head: 1x 0.016129016876221s
t_/common/footer-new: 1x 0.0023930072784424s
router_page: 1x 0.0010139942169189s
router: 1x 0.00066089630126953s
t_/popups/on-download: 1x 0.00053000450134277s
t_/common/cookie-banner: 1x 0.00040102005004883s
service-routes: 1x 0.00025796890258789s
t_/blocks/sidebar-afil: 1x 0.00013995170593262s
router_redirection: 1x 0.00013399124145508s
t_/popups/zoom: 1x 1.1920928955078E-5s
----- END OF DUMP (2024-12-21 16:55:12)  -----