For this forecast, we recommend to set Sell Limit at the following price - 0.977. This idea is based on the following analysis:
- 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" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- The idea of this Sell forecast is based on a long-term downtrend, which is confirmed by the MVP indicator dynamics.
- Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.