Black Friday Deal Black Friday Offer: Get a Lifetime Plan With 70% Discount! See Pricing Only till NOV, 28
EN

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

August 12, 2019 9:56:05 AM by Patrick Yang
Forecast Details
PairUSDJPY
Direction Sell
StatusClosed (106.70)
Start
End
Aug. 12, 2019
Aug. 19, 2019
-120 p
106.70
Stop Loss
105.50
Entry
+130 p
104.20
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 Ratios indicator shows the change in the ratio of market players towards buyers. Their increase while the downtrend may indicate the activity of averaging traders. This can serve as "fuel" for further downtrend.
  3. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
    index: 1x 0.034482955932617s
t_/pages/forecast: 1x 0.030630111694336s
t_/common/header-new: 1x 0.020169973373413s
t_/common/head: 1x 0.016194105148315s
t_/common/footer-new: 1x 0.0024440288543701s
router_page: 1x 0.0016789436340332s
router: 1x 0.00084805488586426s
t_/popups/on-download: 1x 0.00051593780517578s
service-routes: 1x 0.00034999847412109s
router_redirection: 1x 0.00014591217041016s
t_/popups/zoom: 1x 3.0040740966797E-5s
----- END OF DUMP (2022-11-26 20:12:11)  -----