- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- We see a sharp increase in buy orders as indicated by a number of brokers, which may indicate an interest of a big market player. We are expecting a downward movement.
- In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
- After a slight upward price movement, profitable buyers actively begin to take profits, returning the price to its original position.
- The risk-to-profit ratio allows us to set stop loss for the Sell trade at 0.6155
Chart & Analyst Comments
