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 Ratios indicator have reached critical value, too many traders expect an upward movement. In this case, we recommend selling only.
  2. The Profit Ratio indicator is not responding to a downward movement, this means that the movement is valid.
  3. Stop loss is properly taken out of the buyers cluster. If the price passes it, it is very likely to go on.