- The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
- The increase in sellers is observed both in the upward movement and in the retracement movements. Retail traders still believe in the possibility of price decrease.
- This cluster of orders acts as a support. For our forecast, stop loss is reasonable to set lower than this cluster.
- The SLC indicator displays a cluster of Stop Losses and Stop orders at the previous high level, which according to our forecast, is good for placing Take Profit.
Chart & Analyst Comments
