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 0.035693883895874s
t_/pages/forecast: 1x 0.032605171203613s
t_/common/header-new: 1x 0.020287990570068s
t_/common/head: 1x 0.016863107681274s
t_/common/footer-new: 1x 0.0026209354400635s
router_page: 1x 0.0016438961029053s
router: 1x 0.00075507164001465s
t_/popups/on-download: 1x 0.00057196617126465s
service-routes: 1x 0.00029683113098145s
router_redirection: 1x 0.00014090538024902s
t_/popups/zoom: 1x 4.6968460083008E-5s
t_/common/cookie-banner: 1x 3.0994415283203E-5s
----- END OF DUMP (2023-03-26 23:56:03)  -----