EN

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

August 5, 2019 4:54:05 PM by Patrick Yang
Forecast Details
PairEURUSD
Direction Buy
StatusClosed (1.1130)
Start
End
Aug. 5, 2019
Aug. 12, 2019
+110 p
1.1240
Target 1
1.1130
Entry
-110 p
1.1020
Stop Loss
Chart & Analyst Comments
main-buy-trend-2
  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 0.036484956741333s
t_/pages/forecast: 1x 0.033390998840332s
t_/common/header-new: 1x 0.019596099853516s
t_/common/head: 1x 0.016549110412598s
t_/common/footer-new: 1x 0.0026459693908691s
router_page: 1x 0.0012550354003906s
router: 1x 0.00066804885864258s
t_/popups/on-download: 1x 0.00049614906311035s
service-routes: 1x 0.00029802322387695s
router_redirection: 1x 0.00012803077697754s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2023-01-27 07:16:01)  -----