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

1 août 2019 06:00:55 by Alexander Zorevyk
Details des prévisions
PaireGBPUSD
Direction Vendre
Statut Fermé (1.211)
5:53
5:53
1 août 2019

-69 p
1.2225
Excédent des pertes
1.2155
Entrée
+70 p
1.2085
Cible 1
Tableau et analyses d'experts
The market has stabilized, the first signs of a downtrend appeared
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  1. According to the most brokers’ data, more than half of the traders are currently in long positions on GBPUSD. As a result, we recommend considering going only short at this time.
  2. The activity of "fresh" buyers in an uptrend may indicate that the market is waiting for the recovery of the bull trend. However, according to our analysis, this movement is corrective and we expect the price to go down.
  3. Price increase is accompanied by reversal signals for Profit Ratio.
  4. The price decrease will be accompanied by trigger of market crowds’ stop losses, which in turn will serve as a "fuel" for downward movement.