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The market has stabilized, the first signs of an uptrend appeared

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-trend-2
Forecast Details
PairAUDUSD
Publication Time9/25/24 10:43 AM
Direction Buy
Status Closed (0.6885)
10:43
10:43
Sep. 25, 2024
Forecast
+50 p
0.6910
Target 1
0.6860
Entry
-50 p
0.6810
Stop Loss
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Chart & Analyst Comments

main-buy-trend-2
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
  3. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
  4. Set Take Profit at the local high, beyond which there is a cluster of orders.
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