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

July 4, 2019 10:14:42 AM by Jacob Powell
Forecast Details
PairEURUSD
Direction Buy
StatusClosed (1.131)
10:10
10:10
Jul. 4, 2019

+29 p
1.1340
Target 1
1.1310
Entry
-35 p
1.1275
Stop Loss
Chart & Analyst Comments
The market has stabilized, the first signs of an uptrend appeared
  1. There is a majority of sell positions in the present sideways movement. We suspect an interest of a major player in moving the price upwards.
  2. A buy signal according to Profit Ratio may indicate that the price is out of range. A signal from the Profit Ratio during a trend is natural and should not be considered as a reversal signal.
  3. Stop loss is properly taken out of the sellers cluster. If the price passes it, it is very likely to go on.