- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- Analyzing the positions ratio, we see that most traders are currently in Longs, which also combined with the original idea.
- MVP line is above the price and acts as a resistance level.
- When the price rises, a signal is formed (orange labels), which implies a downwards movement.
- After a slight upward price movement, profitable buyers actively begin to take profits, returning the price to its original position.
- The given Stop Losses of market participants are on the same level as the previous low, which will serve as the target for our trade.
Chart & Analyst Comments
