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

June 24, 2019 6:04:00 AM by Alexander Zorevyk
Forecast Details
PairUSDCHF
Direction Sell
StatusClosed (0.98)
6:01
6:01
Jun. 24, 2019

-45 p
0.9845
Stop Loss
0.9800
Entry
+60 p
0.9740
Target 1
Chart & Analyst Comments
The market has stabilized, the first signs of a downtrend appeared
  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 Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.