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The market has stabilized, the first signs of a downtrend appeared

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-trend-2
Forecast Details
PairAUDUSD
Publication Time6/28/23 8:05 AM
Direction Sell
Status Closed (0.6670)
8:05
8:05
Jun. 28, 2023
Forecast
-60 p
0.6730
Stop Loss
0.6670
Entry
+55 p
0.6615
Target 1
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Chart & Analyst Comments

main-sell-trend-2
  1. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. MVP line is above the price and acts as a resistance level.
  4. The SLC indicator displays the levels where there are Stop Losses acting as targets for our trading idea.
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