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 0.039719104766846s
t_/pages/forecast: 1x 0.034318923950195s
t_/common/header-new: 1x 0.021244049072266s
t_/common/head: 1x 0.017168998718262s
t_/common/footer-new: 1x 0.0031859874725342s
router_page: 1x 0.0012409687042236s
router: 1x 0.0008690357208252s
t_/popups/on-download: 1x 0.00060200691223145s
t_/common/cookie-banner: 1x 0.00039410591125488s
t_/blocks/sidebar-afil: 1x 0.00036716461181641s
service-routes: 1x 0.00024914741516113s
router_redirection: 1x 0.00013399124145508s
t_/popups/zoom: 1x 1.6927719116211E-5s
----- END OF DUMP (2025-07-02 11:09:07)  -----