- Majority of traders are still holding onto Longs. This means we should continue to Sell EURUSD.
- We are seeing an increase in Buy positions by market crowd, who are replenishing an already large number of "locked up" losing Buy positions.
- The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
- We see an accumulation of loss buyers above the current price in the right Order Book. This cluster can act as a resistance.
- Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
Chart & Analyst Comments
