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

June 4, 2019 4:18:20 PM by Alex Zarevich
Forecast Details
Direction Sell
StatusClosed (108.40)
Jun. 4, 2019

-50 p
Stop Loss
+45 p
Target 1
Chart & Analyst Comments
  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 last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
  3. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  4. The price decrease will be accompanied by the trigger of market crowds’ stop losses, which in turn will serve as a "fuel" for the downward movement.
    index: 1x 0.035946130752563s
t_/pages/forecast: 1x 0.032549858093262s
t_/common/header-new: 1x 0.019654035568237s
t_/common/head: 1x 0.016323089599609s
t_/common/footer-new: 1x 0.002814769744873s
router_page: 1x 0.0015909671783447s
router: 1x 0.00072288513183594s
t_/popups/on-download: 1x 0.00054001808166504s
service-routes: 1x 0.00031208992004395s
router_redirection: 1x 0.00014495849609375s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2023-01-31 09:47:01)  -----