- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
- The idea of this Buy forecast is based on a long-term upntrend, which is confirmed by the MVP indicator dynamics.
- Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
- The risk-to-profit ratio allows us to set Take Profit for a Long trade at 1.6535
Chart & Analyst Comments
