EN

GBPJPY - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairGBPJPY
Publish Time8/6/19 6:28 PM
Direction Sell
Status Closed (128.70)
6:23:00 PM UTC
6:23:00 PM UTC
Aug. 6, 2019
Forecast
-55 p
129.90
Stop Loss
129.35
Entry
+65 p
128.70
Target 1
Related Links
How to use MT4/5 Indicators Tools

Chart & Analyst Comments

main-sell-market-trend-1
  1. According to the Current Ratio indicator, the market crowd inclined to believe in an upward movement. We recommend Short trade for today.
  2. The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
    index: 1x 0.035155057907104s
t_/pages/forecast: 1x 0.032788038253784s
t_/common/header-new: 1x 0.019657135009766s
t_/common/head: 1x 0.016535997390747s
t_/common/footer-new: 1x 0.0028531551361084s
router_page: 1x 0.0012469291687012s
t_/popups/on-download: 1x 0.00065898895263672s
router: 1x 0.00060009956359863s
service-routes: 1x 0.00025200843811035s
router_redirection: 1x 0.00011587142944336s
t_/common/cookie-banner: 1x 1.7166137695312E-5s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2023-06-08 14:17:06)  -----