GBPJPY - Downward trend will continue, Short trade by market price recommended
June 27, 2019 3:19:18 PM
Forecast Details
PairGBPJPY
Direction
Sell
StatusClosed (137.15)
-59 p
137.15
Stop Loss
136.55
Entry
+55 p
136.00
Target 1
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
- For a while now, the Current Ratios indicator has been signalling sell opportunities. Today we are using this signal as the basis for our trading forecast.
- When the price rises, a signal is formed (orange labels), which implies a downwards movement.
- The activity of "fresh" buyers in a downward movement may indicate that the market crowd still does not believe in a bearish trend.