The market has stabilized, the first signs of an uptrend appeared
June 24, 2019 4:48:55 PM
Forecast Details
PairEURUSD
Direction
Buy
StatusClosed (1.13)
+140 p
1.1440
Target 1
1.1300
Entry
-149 p
1.1150
Stop Loss
About Author
Patrick Yang
Expert
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Total votes: 150
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Chart & Analyst Comments
- The Current Ratios indicator have reached critical value, too many traders expect a downward movement. In this case, we recommend standing aside with short trades. Long trades only.
- The decrease in the volume of buyers, together with the increase in the volume of sellers, confirms the need to buy, according to our trading idea.
- The Profit Ratio indicator doesn't react on upward movement. This means that the movement is not fake.
- We see a cluster of loss sellers below the current price. This cluster can act as a support.