For today's forecast, we recommend a Sell Order at this recommended market price - 1292. This idea is based on the following analysis:
- Analyzing the market sentiment with Current Ratio indicator, we see a formed signal that confirms our idea of Sell Order.
- The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
- The decrease in the sellers volume, together with the increase in the buyers volume, confirms the need to Sell according to our trading idea.
- These accumulation of retail traders stop losses coincide with the level of the previous low. This level will serve as the target for our trade.