EN

The market has stabilized, the first signs of a downtrend appeared

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-trend-2
Forecast Details
PairGBPJPY
Publication Time8/1/19 4:14 PM
Direction Sell
Status Closed (131.90)
16:10
16:10
Aug. 1, 2019
Forecast
-70 p
132.60
Stop Loss
131.90
Entry
+75 p
131.15
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. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. We are seeing an increase in Buy positions by market crowd, who are replenishing an already large number of "locked up" losing Buy positions.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
    index: 1x 0.045957803726196s
t_/pages/forecast: 1x 0.041560888290405s
t_/common/header-new: 1x 0.028602123260498s
t_/common/head: 1x 0.025196075439453s
t_/common/footer-new: 1x 0.0034232139587402s
router_page: 1x 0.0021579265594482s
router: 1x 0.0010128021240234s
t_/popups/on-download: 1x 0.00066208839416504s
service-routes: 1x 0.00042605400085449s
t_/common/cookie-banner: 1x 0.00039911270141602s
router_redirection: 1x 0.00021481513977051s
t_/blocks/sidebar-afil: 1x 0.00021004676818848s
t_/popups/zoom: 1x 5.793571472168E-5s
----- END OF DUMP (2024-07-27 03:22:07)  -----