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

August 1, 2019 4:14:43 PM by Alex Zarevich
Forecast Details
PairGBPJPY
Direction Sell
StatusClosed (131.90)
16:10
16:10
Aug. 1, 2019

-70 p
132.60
Stop Loss
131.90
Entry
+75 p
131.15
Target 1
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 0.048218965530396s
t_/pages/forecast: 1x 0.044006109237671s
t_/common/header-new: 1x 0.029086112976074s
t_/common/head: 1x 0.024502038955688s
t_/common/footer-new: 1x 0.0029020309448242s
router_page: 1x 0.0018482208251953s
router: 1x 0.0007789134979248s
t_/popups/on-download: 1x 0.00053095817565918s
service-routes: 1x 0.00033092498779297s
router_redirection: 1x 0.00014686584472656s
t_/popups/zoom: 1x 3.4809112548828E-5s
----- END OF DUMP (2023-02-02 14:39:02)  -----