Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

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

July 15, 2019 1:02:01 PM by Patrick Yang
Forecast Details
Direction Sell
StatusClosed (0.9805)
Jul. 15, 2019
Jul. 22, 2019

-85 p
Stop Loss
+100 p
Target 1
Chart & Analyst Comments
  1. According to the most brokers’ data, more than half of the traders are currently in long positions on USDCHF. As a result, we recommend considering only Short trades at this time.
  2. There is an increase in Sell Orders when the price attempts to move down. We expect an upward movement to eliminate the accumulated sellers. We recommend to set Sell Limit at 0.9865.
  3. We see an accumulation of loss buyers above the current price in the right Order Book. This cluster can act as a resistance.
  4. MVP line is above the price and acts as a resistance level.
    index: 1x 0.040497064590454s
t_/pages/forecast: 1x 0.036803007125854s
t_/common/header-new: 1x 0.023299932479858s
t_/common/head: 1x 0.019119024276733s
t_/common/footer-new: 1x 0.0036690235137939s
router_page: 1x 0.0021450519561768s
router: 1x 0.00092005729675293s
t_/popups/on-download: 1x 0.00071907043457031s
service-routes: 1x 0.00032210350036621s
router_redirection: 1x 0.00012111663818359s
t_/popups/zoom: 1x 2.598762512207E-5s
----- END OF DUMP (2022-05-19 03:03:05)  -----