AUDJPY - Downward trend will continue, Short trade by market price recommended

25 Temmuz 2019 18:09:12 by Alexander Zorevyk
Tahmin ayrıntıları
ÇiftAUDJPY
Yön Sat
DurumKapalı (74.9)
18:08
18:08
25 Tem 2019

-59 p
76.10
Durma emri
75.50
Giriş
+59 p
74.90
Hedef 1
Grafikler ve yorumlar
AUDJPY - Downward trend will continue, Short trade by market price recommended
Bu sayfa Türkçe olarak yerelleştirilmiş versiyona sahip değil

We expect the downward trend to continue. Sell AUDJPY. See below for summary of analysis:

  1. Majority of traders are still holding onto longs. This means we should continue selling AUDJPY.
  2. The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
  3. MVP line is above the price and acts as a resistance level.
  4. Stop loss is properly taken out of the buyers cluster. If the price passes it, it is very likely to go on.