- The Current Ratio indicator, which is used for quick market sentiment analysis, provides Buy signal at the moment.
- The Profit Ratio reversal indicator doesn't react on upward movement. This means that the movement is not fake.
- The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
- We see an accumulation of loss sellers below the current price in the right Order Book. This cluster can act as a support.
- Set Take Profit at the local high, beyond which there is a cluster of orders.
Chart & Analyst Comments
