The market has stabilized, the first signs of an uptrend appeared
August 5, 2019 4:54:05 PM
Forecast Details
PairEURUSD
Direction
Buy
StatusClosed (1.113)
+110 p
1.1240
Target 1
1.1130
Entry
-110 p
1.1020
Stop Loss
About Author
Patrick Yang
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 80
Buy or Sell
Chart & Analyst Comments
- The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
- 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.
- 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
- 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
