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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 Time8/26/19 2:18 PM
Direction Sell
Status Closed (1.1140)
Aug. 26, 2019
Sep. 2, 2019
Forecast
-110 p
1.1250
Stop Loss
1.1140
Entry
+125 p
1.1015
Target 1
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Chart & Analyst Comments

main-sell-trend-2
  1. The Current Ratio indicator, which is used for quick market sentiment analysis, provides Sell signal at the moment.
  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. MVP line is above the price and acts as a resistance level.
  4. Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
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