The market has stabilized, the first signs of an uptrend appeared

December 2, 2019 8:00:13 AM by Patrick Yang
Forecast Details
PairUSDJPY
Direction Buy
StatusClosed (108.50)
Start
End
Dec. 2, 2019
Dec. 9, 2019

+110 p
110.20
Target 1
109.10
Entry
-110 p
108.00
Stop Loss
Chart & Analyst Comments
main-buy-trend-2
  1. According to the Current Ratio indicator, the market crowd inclined to believe in a downward movement. We recommend Long trade for today.
  2. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  3. The Ratios indicator demonstrates a market shift towards sellers. Their increase while the downward movement may indicate a successfully triggered trap. Possible price upward reversal.
  4. We are focused on the breakdown of the previous peak, the target at the level of 110.2.
    index: 1x 0.033286094665527s
t_/pages/forecast: 1x 0.030436992645264s
t_/common/header-new: 1x 0.019455194473267s
t_/common/head: 1x 0.016259908676147s
t_/common/footer-new: 1x 0.0024921894073486s
router_page: 1x 0.0015959739685059s
router: 1x 0.00069689750671387s
t_/popups/on-download: 1x 0.00048184394836426s
service-routes: 1x 0.00028395652770996s
router_redirection: 1x 0.00013017654418945s
t_/popups/zoom: 1x 1.2874603271484E-5s
----- END OF DUMP (2023-01-31 11:26:01)  -----