GBPUSD - the pair is about to leave the flat range
March 21, 2019 8:44:00 AM
Forecast Details
PairGBPUSD
Direction
Buy
StatusClosed (1.317)
+54 p
1.3275
Target 1
1.3220
Entry
-50 p
1.3170
Stop Loss
About Author
Alexander Zorevyk
Expert
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Total votes: 23
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Chart & Analyst Comments
- Analyzing the current ratio of trader positions, we see a formed signal that confirms our idea of buy order(s) only.
- Analyzing the ratio of positions, we see that most traders are currently in sales, which is also combined with the original idea.
- There is an increase in the number of bears on the downward movement, followed by correction. We consider this movement as a trap for sellers and look forward to a continued upward movement.
- We are fixing our take profit at the top of the zone of profitable sellers.