- The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
- When the price decreases, a signal is formed (orange labels), which implies an upward movement.
- While in flat, the price often crosses the MVP line, since it reflects price balance. Today's short-term Buy forecast aims to cross this line.
- We see an accumulation of loss sellers below the current price in the right Order Book. This cluster can act as a support.
- The given Stop Losses of market participants are on the same level as the previous high, which will serve as the target for our trade.
Chart & Analyst Comments
