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 Time9/23/19 6:26 AM
Direction Sell
Status Closed (1.1050)
Sep. 23, 2019
Sep. 30, 2019
Forecast
-100 p
1.1150
Stop Loss
1.1050
Entry
+110 p
1.0940
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. According to the most brokers’ data, more than half of the traders are currently in long positions on EURUSD. As a result, we recommend considering only Short trades at this time.
  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. We see a sharp increase in buy orders as indicated by a number of brokers, which may indicate an interest of a big market player. We are expecting a downward movement.
  4. The last downward movement has brought a volume of sellers, which implies a small price correction. Enter the deal with a Sell Limit order.
    index: 1x 0.061753988265991s
t_/pages/forecast: 1x 0.056760787963867s
t_/common/header-new: 1x 0.036184072494507s
t_/common/head: 1x 0.026344060897827s
t_/common/footer-new: 1x 0.0053110122680664s
router_page: 1x 0.0023272037506104s
t_/blocks/sidebar-afil: 1x 0.002100944519043s
router: 1x 0.0014231204986572s
t_/popups/on-download: 1x 0.0011770725250244s
t_/common/cookie-banner: 1x 0.00078892707824707s
service-routes: 1x 0.00067687034606934s
router_redirection: 1x 0.00023984909057617s
t_/popups/zoom: 1x 3.0040740966797E-5s
----- END OF DUMP (2025-06-01 16:38:06)  -----