The market has stabilized, the first signs of a downtrend appeared
August 1, 2019 4:14:43 PM
Forecast Details
PairGBPJPY
Direction
Sell
StatusClosed (131.9)
-69 p
132.60
Stop Loss
131.90
Entry
+75 p
131.15
Target 1
About Author
Alexander Zorevyk
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 4
Buy or Sell
Chart & Analyst Comments
- 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.
