GBPJPY - Downward trend will continue, Short trade by market price recommended
August 2, 2019 1:32:44 PM
Forecast Details
PairGBPJPY
Direction
Sell
StatusClosed (127.6)
-220 p
131.80
Stop Loss
129.60
Entry
+200 p
127.60
Target 1
About Author
Patrick Yang
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 an upward movement. In this case, we recommend to Sell only.
- The increase in buyers is observed both in the downward movement and in the retracement movements. Retail traders still believe in the possibility of price increase.
- Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
