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GBPJPY - Upward trend will continue, Long trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairGBPJPY
Publication Time11/12/19 7:38 AM
Direction Buy
Status Closed (139.70)
7:34
7:34
Nov. 12, 2019
Forecast
+75 p
141.10
Target 1
140.35
Entry
-65 p
139.70
Stop Loss
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Chart & Analyst Comments

main-buy-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. The dynamics of the Ratios indicator signals for Long opportunities. Pay attention to the area marked on the image.
  3. Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
  4. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
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