The market has stabilized, the first signs of an uptrend appeared
December 15, 2020 7:14:39 PM
Forecast Details
PairGBPJPY
Direction
Buy
StatusClosed (140)
+95 p
140.00
Target 2
+70 p
139.75
Target 1
139.05
Entry
-70 p
138.35
Stop Loss
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: 5
Buy or Sell
Chart & Analyst Comments
- The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
- The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
- When the price decreases, a signal is formed (orange labels), which implies an upward movement.
- Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
- The risk/reward ratio allows you to set Take Profit at the same level where the SLC indicator signals that there are Stop orders - 139.75
