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

+30 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. In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
  2. A long-lasting signal provided by Profit Ratio may indicate that the price is out of range movement. A continual signal from the Profit Ratio during the downtrend is natural and should not be considered as a reversal signal.
  3. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.