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
Publication 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
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

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 0.048135995864868s
t_/pages/forecast: 1x 0.045249938964844s
t_/common/header-new: 1x 0.025786876678467s
t_/common/head: 1x 0.019946098327637s
t_/common/footer-new: 1x 0.0051240921020508s
router_page: 1x 0.0013189315795898s
t_/popups/on-download: 1x 0.0010709762573242s
router: 1x 0.00086593627929688s
t_/common/cookie-banner: 1x 0.00070309638977051s
service-routes: 1x 0.00034999847412109s
t_/blocks/sidebar-afil: 1x 0.00033402442932129s
router_redirection: 1x 0.00019502639770508s
t_/popups/zoom: 1x 2.9087066650391E-5s
----- END OF DUMP (2024-12-10 16:57:12)  -----