GBPJPY - Upward trend will continue, Long trade by market price recommended
November 12, 2019 7:38:06 AM
Forecast Details
PairGBPJPY
Direction
Buy
StatusClosed (139.7)
+75 p
141.10
Target 1
140.35
Entry
-65 p
139.70
Stop Loss
About Author
Alexander Zorevyk
Expert
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Chart & Analyst Comments
- The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
- The dynamics of the Ratios indicator signals for Long opportunities. Pay attention to the area marked on the image.
- Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
- Here is the crucial stop loss level to serve as a goal for our Buy trade idea.