The market has stabilized, the first signs of an uptrend appeared
February 19, 2021 11:29:38 AM
Forecast Details
PairGBPJPY
Direction
Buy
StatusClosed (147.2)
+80 p
148.00
Target 2
+60 p
147.80
Target 1
147.20
Entry
-60 p
146.60
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: 3
Buy or Sell
Chart & Analyst Comments
- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- The number of profitable buyers has exceeded 75%. The uptrend is in its active phase. This confirms potential for a Long trade.
- We are seeing an increase in Sell positions by market crowd, who are replenishing an already large number of "locked up" losing Sell positions.
- The first target is at the level of the previous peak - 147.8, and the second one, in case of an active price increase, is at the level - 148
