Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

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

February 21, 2020 6:43:07 AM by Patrick Yang
Forecast Details
PairEURAUD
Direction Buy
StatusClosed (1.6265)
Start
End
Feb. 21, 2020
Feb. 28, 2020

+165 p
1.6430
Target 1
1.6265
Entry
-165 p
1.6100
Stop Loss
Chart & Analyst Comments
main-buy-trend-2
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on EURAUD. As a result, we recommend considering only Long trades at this time.
  2. The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  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. These buyers' stop loss will most likely be triggered before the upward movement. From this level you should Buy. In our case, we have set a Buy Limit order.
    index: 1x 0.03577995300293s
t_/pages/forecast: 1x 0.032991886138916s
t_/common/header-new: 1x 0.020794153213501s
t_/common/head: 1x 0.01724100112915s
t_/common/footer-new: 1x 0.0025429725646973s
router_page: 1x 0.0014681816101074s
router: 1x 0.00069904327392578s
t_/popups/on-download: 1x 0.00054407119750977s
service-routes: 1x 0.00027322769165039s
router_redirection: 1x 0.00013208389282227s
t_/popups/zoom: 1x 2.5033950805664E-5s
----- END OF DUMP (2022-08-11 08:44:08)  -----