EURAUD - Upward trend will continue, Long trade by market price recommended
May 31, 2019 11:40:11 AM
Forecast Details
PairEURAUD
Direction
Buy
StatusClosed (1.6195)
+100 p
1.6245
Target 1
1.6145
Entry
-84 p
1.6060
Stop Loss
About Author
Patrick Yang
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 4
Buy or Sell
Chart & Analyst Comments
- The Current Ratios indicator have reached critical value, too many traders expect a downward movement. In this case, we recommend standing aside with short trades. Long trades only.
- The activity of "fresh" sellers in an uptrend may indicate that the market crowd still does not believe in a bullish trend.
- The present level of MVP, which is below the current price, favors buy orders.
- We see a cluster of loss sellers below the current price. This cluster can act as a support.