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

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-trend-2
Forecast Details
PairEURAUD
Publication Time8/30/19 10:56 AM
Direction Buy
Status Closed (1.6210)
Aug. 30, 2019
Sep. 6, 2019
Forecast
+150 p
1.6500
Target 1
1.6350
Entry
-140 p
1.6210
Stop Loss
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Chart & Analyst Comments

main-buy-trend-2
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. There is an increase in Buy Orders when the price attempts to move up. We expect a downward movement to eliminate the accumulated buyers. We recommend to set Buy Limit at 1.635
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