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

The market has stabilized, the first signs of a downtrend appeared

September 4, 2019 7:22:37 AM by Alexander Zorevyk
Forecast Details
Direction Sell
StatusClosed (1.2090)
Sep. 4, 2019

-65 p
Stop Loss
+60 p
Target 1
Chart & Analyst Comments
  1. Majority of traders are still holding onto Longs. This means we should continue to Sell GBPUSD.
  2. The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
  3. Upward price movement is accompanied by reversal signals of Profit Ratio indicator.
  4. Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
    index: 1x 0.034285068511963s
t_/pages/forecast: 1x 0.030655860900879s
t_/common/header-new: 1x 0.019886016845703s
t_/common/head: 1x 0.016223907470703s
t_/common/footer-new: 1x 0.0024840831756592s
router_page: 1x 0.0015389919281006s
router: 1x 0.00087094306945801s
t_/popups/on-download: 1x 0.00047588348388672s
service-routes: 1x 0.00036406517028809s
router_redirection: 1x 0.00018310546875s
t_/popups/zoom: 1x 1.3113021850586E-5s
----- END OF DUMP (2022-08-08 06:50:08)  -----