EN

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

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-trend-2
Forecast Details
PairUSDJPY
Publication Time8/12/19 9:56 AM
Direction Sell
Status Closed (106.70)
Aug. 12, 2019
Aug. 19, 2019
Forecast
-120 p
106.70
Stop Loss
105.50
Entry
+130 p
104.20
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

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 0.037680864334106s
t_/pages/forecast: 1x 0.03390908241272s
t_/common/header-new: 1x 0.021882772445679s
t_/common/head: 1x 0.018177032470703s
t_/common/footer-new: 1x 0.0033118724822998s
router_page: 1x 0.0016148090362549s
router: 1x 0.0010080337524414s
t_/popups/on-download: 1x 0.00069785118103027s
t_/common/cookie-banner: 1x 0.00046205520629883s
service-routes: 1x 0.00041508674621582s
t_/blocks/sidebar-afil: 1x 0.00028800964355469s
router_redirection: 1x 0.00016999244689941s
t_/popups/zoom: 1x 3.6001205444336E-5s
----- END OF DUMP (2024-09-11 14:29:09)  -----