- The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
- The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
- The first target is at the level of the previous bottom - 1.347, and the second one, in case of an active price decrease, is at the level - 1.344
- Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
Chart & Analyst Comments
