The market has stabilized, the first signs of a downtrend appeared
June 3, 2019 6:10:15 PM
Forecast Details
PairAUDUSD
Direction
Sell
StatusClosed (0.6955)
-90 p
0.7080
Stop Loss
0.6990
Entry
+110 p
0.6880
Target 1
+164 p
0.6825
Target 2
About Author
Patrick Yang
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: 0
Buy or Sell
Chart & Analyst Comments
- The Current Ratios indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
- Upward price movement is accompanied by reversal signals of Profit Ratio indicator.
- In the left orderbook, we see a cluster of stop losses and stop orders right at the level of the previous bottom. This is a good level for placing take profit according to our forecast.