The market has stabilized, the first signs of a downtrend appeared
July 12, 2019 2:18:30 PM
Forecast Details
PairAUDJPY
Direction
Sell
StatusMarket
-75 p
76.50
Stop Loss
75.75
Entry
+90 p
74.85
Target 1
About Author
Patrick Yang
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.
- Price increase is accompanied by reversal signals for Profit Ratio.
- The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
- MVP line is above the price and acts as a resistance level.
- Stop loss is properly taken out of the buyers cluster. If the price passes it, it is very likely to go on.