- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- The activity of "fresh" buyers in an uptrend may indicate that the market expects the recovery of the bull trend. However, according to our analysis, this movement is corrective and we expect the price to go down.
- The present level of MVP, which is above the current price, favors Sell Orders.
- The risk-to-profit ratio allows us to set Take Profit for a Short trade at 0.8875
Chart & Analyst Comments
