Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

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

April 14, 2021 6:53:15 AM by Alexander Zorevyk
Forecast Details
Direction Sell
StatusClosed (1.2500)
Apr. 14, 2021

-60 p
Stop Loss
+60 p
Target 1
+95 p
Target 2
Chart & Analyst Comments
  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 increase in buyers is observed both in the downward movement and in the retracement movements. Retail traders still believe in the possibility of price increase.
  3. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  4. MVP line is above the price and acts as a resistance level.
  5. The first target is at the level of the previous bottom - 1.25, and the second one, in case of an active price decrease, is at the level - 1.2465
    index: 1x 0.035315990447998s
t_/pages/forecast: 1x 0.031819820404053s
t_/common/header-new: 1x 0.019930124282837s
t_/common/head: 1x 0.016524076461792s
t_/common/footer-new: 1x 0.0026071071624756s
router_page: 1x 0.002129077911377s
router: 1x 0.00081300735473633s
t_/popups/on-download: 1x 0.00055909156799316s
service-routes: 1x 0.00033807754516602s
router_redirection: 1x 0.0001368522644043s
t_/popups/zoom: 1x 5.0067901611328E-5s
----- END OF DUMP (2022-10-05 06:17:10)  -----