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

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-trend-2
Forecast Details
PairXAUUSD
Publication Time6/5/19 11:24 AM
Direction Buy
Status Closed (1,336.0)
11:16
11:16
Jun. 5, 2019
Forecast
+140 p
1,347.0
Target 2
+100 p
1,343.0
Target 1
1,333.0
Entry
-100 p
1,323.0
Stop Loss
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Chart & Analyst Comments

main-buy-trend-2
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. The price increase will be accompanied by the trigger of market crowd’s stop losses, which in turn will serve as a "fuel" for the upward movement.
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