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

July 8, 2019 7:11:55 AM by Patrick Yang
Forecast Details
PairGBPUSD
Direction Sell
StatusClosed (1.2570)
Start
End
Jul. 8, 2019
Jul. 15, 2019

-140 p
1.2710
Stop Loss
1.2570
Entry
+180 p
1.2390
Target 1
Chart & Analyst Comments
main-sell-trend-2
  1. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  3. The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
    index: 1x 0.054475069046021s
t_/pages/forecast: 1x 0.048797130584717s
t_/common/header-new: 1x 0.032382965087891s
t_/common/head: 1x 0.027618885040283s
t_/common/footer-new: 1x 0.0042150020599365s
router_page: 1x 0.0025539398193359s
router: 1x 0.0011658668518066s
t_/popups/on-download: 1x 0.00083398818969727s
service-routes: 1x 0.00049090385437012s
router_redirection: 1x 0.00020289421081543s
t_/popups/zoom: 1x 4.2915344238281E-5s
----- END OF DUMP (2023-01-31 09:33:01)  -----