- For a while now, the Current Ratio indicator provides an opportunity for Short trade. We are using this signal as a basis for today’s trading forecast.
- The increase in buyers is observed both in the downward movement and in the retracement movements. Retail traders still believe in the possibility of price increase.
- Visually assessing the ratio of buyers and sellers, we see that retail buyers dominate on the market. This fact favors the Short Orders.