EN

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 Time2/20/20 8:21 PM
Direction Buy
Status Closed (144.55)
20:06
20:06
Feb. 20, 2020
Forecast
+65 p
144.95
Target 1
144.30
Entry
-65 p
143.65
Stop Loss
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-buy-market-trend-1
  1. Since the CurrentRatio sentiment indicator informs us that the market crowd is selling, we should consider sticking to Buy Orders.
  2. The Ratios indicator shows the change in the ratio of market players towards sellers. Their increase while the uptrend may indicate the activity of averaging traders. This can serve as "fuel" for further uptrend.
  3. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  4. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
  5. MVP line is below the price and acts as a support level.
    index: 1x 0.037880897521973s
t_/pages/forecast: 1x 0.03479790687561s
t_/common/header-new: 1x 0.022308111190796s
t_/common/head: 1x 0.017768144607544s
t_/common/footer-new: 1x 0.0031838417053223s
router_page: 1x 0.0015749931335449s
router: 1x 0.00076913833618164s
t_/popups/on-download: 1x 0.00068998336791992s
t_/common/cookie-banner: 1x 0.00055980682373047s
service-routes: 1x 0.00030994415283203s
t_/blocks/sidebar-afil: 1x 0.0001978874206543s
router_redirection: 1x 0.00014495849609375s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2024-04-23 23:53:04)  -----