- The Current Ratio indicator, which is used for quick market sentiment analysis, provides Sell signal at the moment.
- The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- When the price rises, a signal is formed (orange labels), which implies a downwards movement.
- Pay attention to the accumulation of buyers near the current price. Such situations during an uptrend may indicate an upcoming correction. As a result, we will be going with a short-term Sell Order.
- Set Take Profit at the local low, beyond which there is a cluster of orders.
Chart & Analyst Comments
