EN

AUDUSD - Downward trend will continue, Short trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairAUDUSD
Publication Time9/9/19 1:41 PM
Direction Sell
Status Closed (0.6865)
Sep. 9, 2019
Sep. 16, 2019
Forecast
-125 p
0.6990
Stop Loss
0.6865
Entry
+130 p
0.6735
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. Analyzing the market sentiment with Current Ratio indicator, we see a formed signal that confirms our idea of Sell Order.
  2. The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
  3. We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.
    index: 1x 0.032772064208984s
t_/pages/forecast: 1x 0.030133962631226s
t_/common/header-new: 1x 0.019819021224976s
t_/common/head: 1x 0.016486167907715s
t_/common/footer-new: 1x 0.0027740001678467s
router_page: 1x 0.001323938369751s
router: 1x 0.0006871223449707s
t_/popups/on-download: 1x 0.00060415267944336s
t_/common/cookie-banner: 1x 0.00037717819213867s
service-routes: 1x 0.0002751350402832s
t_/blocks/sidebar-afil: 1x 0.00017285346984863s
router_redirection: 1x 0.00012707710266113s
t_/popups/zoom: 1x 3.4093856811523E-5s
----- END OF DUMP (2024-04-26 03:40:04)  -----