The market has stabilized, the first signs of a downtrend appeared
January 9, 2020 7:38:49 AM
Forecast Details
PairAUDUSD
Direction
Sell
StatusClosed (0.687)
-50 p
0.6905
Stop Loss
0.6855
Entry
+54 p
0.6800
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: 10
Buy or Sell
Chart & Analyst Comments
- Majority of traders are still holding onto Longs. This means we should continue to Sell AUDUSD.
- In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
- The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
- MVP line is above the price and acts as a resistance level.
- We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.
