The Current Ratio (from top 10 brokers) has reached a critical value, too many traders expect a downward movement. In this case, we recommend buying only. (trade against the crowd)
Downward price movement is accompanied by reversal signals of the Profit Ratio.
The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
We are focused on the breakdown of the previous peak, the target at the level of 1.35.
open the position when the price reaches: 1.3435
TP @ : 1.3500
SL @ : 1.3370
Downward price movement is accompanied by reversal signals of the Profit Ratio.
The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
We are focused on the breakdown of the previous peak, the target at the level of 1.35.
open the position when the price reaches: 1.3435
TP @ : 1.3500
SL @ : 1.3370
Trade closed: target reached