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

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

June 4, 2019 4:18:20 PM by Alexander Zorevyk
Forecast Details
PairUSDJPY
Direction Sell
StatusClosed (108.40)
16:06
16:06
Jun. 4, 2019
-50 p
108.40
Stop Loss
107.90
Entry
+45 p
107.45
Target 1
Chart & Analyst Comments
main-sell-trend-2
  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 0.033820867538452s
t_/pages/forecast: 1x 0.030822992324829s
t_/common/header-new: 1x 0.019715070724487s
t_/common/head: 1x 0.016355991363525s
t_/common/footer-new: 1x 0.0025229454040527s
router_page: 1x 0.0015950202941895s
router: 1x 0.00075197219848633s
t_/popups/on-download: 1x 0.00051093101501465s
service-routes: 1x 0.00027918815612793s
router_redirection: 1x 0.00013208389282227s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2022-07-05 18:29:07)  -----