EN

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

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-trend-2
Forecast Details
PairUSDCAD
Publish Time4/22/21 6:29 AM
Direction Sell
Status Closed (1.2475)
6:27
6:27
Apr. 22, 2021
Forecast
-100 p
1.2630
Stop Loss
1.2530
Entry
+90 p
1.2440
Target 1
Related Links
How to use MT4/5 Indicators Tools

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 0.052690029144287s
t_/pages/forecast: 1x 0.048282146453857s
t_/common/header-new: 1x 0.031512022018433s
t_/common/head: 1x 0.026397943496704s
t_/common/footer-new: 1x 0.0027289390563965s
router_page: 1x 0.0021610260009766s
router: 1x 0.0010957717895508s
t_/popups/on-download: 1x 0.00058317184448242s
service-routes: 1x 0.00051712989807129s
router_redirection: 1x 0.00020694732666016s
t_/common/cookie-banner: 1x 4.4107437133789E-5s
t_/popups/zoom: 1x 3.1948089599609E-5s
----- END OF DUMP (2023-09-23 15:24:09)  -----