AUDUSD - Downward trend will continue, Short trade by market price recommended
February 15, 2019 8:57:04 AM
Forecast Details
PairAUDUSD
Direction
Sell
StatusClosed (0.7145)
-50 p
0.7145
Stop Loss
0.7095
Entry
+45 p
0.7050
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: 14
Buy or Sell
Chart & Analyst Comments
- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- Analyzing the positions ratio, we see that most traders are currently in Longs, which also combined with the original idea.
- MVP line is above the price and acts as a resistance level.
- The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
- Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
