- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- We are seeing an increase in Buy positions by market crowd, who are replenishing an already large number of "locked up" losing Buy positions.
- Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
The market has stabilized, the first signs of a downtrend appeared
August 1, 2019 4:14:43 PM
Forecast Details
PairGBPJPY
Direction
Sell
StatusClosed (131.90)
-70 p
132.60
Stop Loss
131.90
Entry
+75 p
131.15
Target 1
Chart & Analyst Comments
