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

January 10, 2020 8:32:52 AM by Patrick Yang
Forecast Details
Direction Buy
StatusClosed (120.90)
Jan. 10, 2020
Jan. 17, 2020

+160 p
Target 1
-140 p
Stop Loss
Chart & Analyst Comments
  1. Majority of traders are still holding onto Shorts. This means we should continue to Buy EURJPY.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. These accumulation of retail traders stop losses coincide with the level of the previous high. This level will serve as the target for our trade.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
    index: 1x 0.033576965332031s
t_/pages/forecast: 1x 0.031018018722534s
t_/common/header-new: 1x 0.019685983657837s
t_/common/head: 1x 0.016177892684937s
t_/common/footer-new: 1x 0.0026102066040039s
router_page: 1x 0.0013439655303955s
router: 1x 0.00066018104553223s
t_/popups/on-download: 1x 0.00055098533630371s
service-routes: 1x 0.00025200843811035s
router_redirection: 1x 0.00012397766113281s
t_/popups/zoom: 1x 1.9073486328125E-5s
----- END OF DUMP (2022-08-11 09:04:08)  -----