Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

GBPJPY - Downward trend will continue, Short trade by market price recommended

June 25, 2019 4:06:34 PM by Alexander Zorevyk
Forecast Details
Direction Sell
StatusClosed (136.65)
Jun. 25, 2019

-65 p
Stop Loss
+60 p
Target 1
+110 p
Target 2
Chart & Analyst Comments
  1. According to the Current Ratio indicator, the market crowd inclined to believe in an upward movement. We recommend Short trade for today.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. In the left orderbook, we see a cluster of stop losses and stop orders right at the level of the previous bottom. This is a good level for placing take profit according to our forecast.
    index: 1x 0.034408092498779s
t_/pages/forecast: 1x 0.03131103515625s
t_/common/header-new: 1x 0.019876003265381s
t_/common/head: 1x 0.016340017318726s
t_/common/footer-new: 1x 0.002708911895752s
router_page: 1x 0.0016031265258789s
router: 1x 0.00079703330993652s
t_/popups/on-download: 1x 0.0005040168762207s
service-routes: 1x 0.0002899169921875s
router_redirection: 1x 0.00013518333435059s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2022-08-11 07:52:08)  -----