EN

The market has stabilized, the first signs of a downtrend appeared

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-trend-2
Forecast Details
PairEURUSD
Publish Time9/2/19 7:18 AM
Direction Sell
Status Closed (1.1025)
Sep. 2, 2019
Sep. 9, 2019
Forecast
-120 p
1.1170
Stop Loss
1.1050
Entry
+120 p
1.0930
Target 1
Related Links
How to use MT4/5 Indicators Tools

Chart & Analyst Comments

main-sell-trend-2
  1. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. MVP line is above the price and acts as a resistance level.
  4. We see an accumulation of loss buyers above the current price in the right Order Book. This cluster can act as a resistance.
    index: 1x 0.036267042160034s
t_/pages/forecast: 1x 0.032807111740112s
t_/common/header-new: 1x 0.020629167556763s
t_/common/head: 1x 0.016946077346802s
t_/common/footer-new: 1x 0.0026290416717529s
router_page: 1x 0.0012619495391846s
t_/popups/on-download: 1x 0.00063800811767578s
router: 1x 0.00061821937561035s
service-routes: 1x 0.00026297569274902s
router_redirection: 1x 0.00012588500976562s
t_/common/cookie-banner: 1x 4.9829483032227E-5s
t_/popups/zoom: 1x 4.1007995605469E-5s
----- END OF DUMP (2023-10-05 01:31:10)  -----