- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
- The idea of this Sell forecast is based on a long-term downtrend, which is confirmed by the MVP indicator dynamics.
- This cluster of orders acts as a resistance. For our forecast, stop loss is reasonable to set higher than this cluster.
- Set Take Profit at the local low, beyond which there is a cluster of orders.
Chart & Analyst Comments
