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

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-trend-2
Forecast Details
PairUSDJPY
Publication Time7/8/19 6:13 PM
Direction Buy
Status Closed (107.90)
Jul. 8, 2019
Jul. 15, 2019
Forecast
+145 p
109.35
Target 1
107.90
Entry
-120 p
106.70
Stop Loss
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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. There is an increase in Buy Orders when the price attempts to move up. We expect a downward movement to eliminate the accumulated buyers. We recommend to set Buy Limit at 107.9
  3. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
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