AUDUSD - Downward trend will continue, Short trade by market price recommended
September 9, 2019 1:41:57 PM
Forecast Details
PairAUDUSD
Direction
Sell
StatusClosed (0.6865)
-125 p
0.6990
Stop Loss
0.6865
Entry
+130 p
0.6735
Target 1
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: 7
Buy or Sell
Chart & Analyst Comments
- Analyzing the market sentiment with Current Ratio indicator, we see a formed signal that confirms our idea of Sell Order.
- The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
- We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.
