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

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

April 22, 2021 6:29:00 AM by Alexander Zorevyk
Forecast Details
PairUSDCAD
Direction Sell
StatusClosed (1.2475)
6:27
6:27
Apr. 22, 2021
-100 p
1.2630
Stop Loss
1.2530
Entry
+90 p
1.2440
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 activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  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. We are focused on the breakdown of the previous bottom, the target at the level of 1.244.
    index: 1x 0.034102916717529s
t_/pages/forecast: 1x 0.031179904937744s
t_/common/header-new: 1x 0.019917011260986s
t_/common/head: 1x 0.016350984573364s
t_/common/footer-new: 1x 0.0025689601898193s
router_page: 1x 0.0015981197357178s
router: 1x 0.00068902969360352s
t_/popups/on-download: 1x 0.00049400329589844s
service-routes: 1x 0.00028705596923828s
router_redirection: 1x 0.00014305114746094s
t_/popups/zoom: 1x 1.8119812011719E-5s
----- END OF DUMP (2022-07-06 17:15:07)  -----