- According to the Current Ratio indicator, the market crowd inclined to believe in a downward movement. We recommend Long trade for today.
- The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
- The Ratios indicator demonstrates a market shift towards sellers. Their increase while the downward movement may indicate a successfully triggered trap. Possible price upward reversal.
- MVP line is below the price and acts as a support level.
- We are setting the take profit of our Buy Order to the closest level with a large number of stop losses.
Chart & Analyst Comments
