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

September 13, 2019 11:05:16 AM by Patrick Yang
Forecast Details
Direction Buy
StatusClosed (1.6245)
Sep. 13, 2019
Sep. 20, 2019

+165 p
Target 1
-165 p
Stop Loss
Chart & Analyst Comments
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. The activity of "fresh" sellers in a downtrend may indicate that the market expects the recovery of the bear trend. However, according to our analysis, this movement is corrective and we expect the price to go up
  3. The Ratios indicator shows the change in the ratio of market players towards sellers. Their increase while the uptrend may indicate the activity of averaging traders. This can serve as "fuel" for further uptrend.
  4. The last upward movement has brought a volume of buyers, which implies a small price correction. Enter the deal with a Buy Limit order.
    index: 1x 0.033581018447876s
t_/pages/forecast: 1x 0.03083610534668s
t_/common/header-new: 1x 0.019413948059082s
t_/common/head: 1x 0.01623010635376s
t_/common/footer-new: 1x 0.0027110576629639s
router_page: 1x 0.0015270709991455s
router: 1x 0.00070619583129883s
t_/popups/on-download: 1x 0.00059294700622559s
service-routes: 1x 0.00026106834411621s
router_redirection: 1x 0.00011897087097168s
t_/popups/zoom: 1x 3.504753112793E-5s
----- END OF DUMP (2022-12-09 05:19:12)  -----