Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

The market has stabilized, the first signs of an uptrend appeared

August 5, 2019 4:54:05 PM by Patrick Yang
Forecast Details
Direction Buy
StatusClosed (1.1130)
Aug. 5, 2019
Aug. 12, 2019

+110 p
Target 1
-110 p
Stop Loss
Chart & Analyst Comments
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. Today we are considering a bullish scenario. However, given that all attempts to develop an upward movement are accompanied by a “overwhelming” of the Profit Ratio indicator, it is better to enter the market at a lower price.
  3. There is an increase in Buy Orders when the price attempts to move up. We expect a downward movement to eliminate the accumulated buyers. We recommend to set Buy Limit at 1.113
  4. The first target is at the level of the previous peak - 1.124, and the second one, in case of an active price increase, is at the level - 0
    index: 1x 0.03466796875s
t_/pages/forecast: 1x 0.031641006469727s
t_/common/header-new: 1x 0.020762920379639s
t_/common/head: 1x 0.017376899719238s
t_/common/footer-new: 1x 0.0024209022521973s
router_page: 1x 0.0015759468078613s
router: 1x 0.00075411796569824s
t_/popups/on-download: 1x 0.00050902366638184s
service-routes: 1x 0.00030207633972168s
router_redirection: 1x 0.00014400482177734s
t_/popups/zoom: 1x 1.3113021850586E-5s
----- END OF DUMP (2022-08-11 07:54:08)  -----