The market has stabilized, the first signs of a downtrend appeared
June 18, 2019 4:58:40 PM
Forecast Details
PairUSDJPY
Direction
Sell
StatusClosed (108)
-50 p
108.50
Stop Loss
108.00
Entry
+54 p
107.45
Target 1
About Author
Alexander Zorevyk
Expert
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Total votes: 12
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Chart & Analyst Comments
- The Current Ratios indicator have reached critical value, too many traders expect an upward movement. In this case, we recommend selling only.
- Upward movement is accompanied by the large activity of buyers who will serve as "fuel" for downwards price movement.
- A long signal according to Profit Ratio may indicate that the price is out of range. A signal from the Profit Ratio during a trend is natural and should not be considered as a reversal signal.
- MVP line is above the price and acts as a resistance level.