The market has stabilized, the first signs of an uptrend appeared

April 29, 2020 5:47:21 AM by Alexander Zorevyk
Forecast Details
PairGBPUSD
Direction Buy
StatusClosed (1.2477)
5:44
5:44
Apr. 29, 2020

+69 p
1.2525
Target 1
1.2455
Entry
-75 p
1.2380
Stop Loss
Chart & Analyst Comments
The market has stabilized, the first signs of an uptrend appeared
  1. Analyzing the market sentiment with Current Ratio indicator, we see a formed signal that confirms our idea of Buy Order.
  2. The Profit Ratio reversal indicator doesn't react on upward movement. This means that the movement is not fake.
  3. We are setting the take profit of our Buy Order to the closest level with a large number of stop losses.