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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Chart & Analyst Comments
- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
- The Profit Ratio reversal indicator doesn't react on upward movement. This means that the movement is not fake.
- We see an accumulation of loss sellers below the current price in the right Order Book. This cluster can act as a support.