17 August 2021, EUR/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.18575-1.18672. At the moment, the pair is trading lower, indicating the strength of sellers. • Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.18353-1.18424. At the moment, the pair is trading lower, indicating the strength of sellers.
• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 11.08.2021.
• Quotation of the lower boundary of the zone 1/4-1.17511.
• Quotation of the lower boundary of the zone 1/2-1.17951.
• Intraday objectives: update the lows from 11.08.2021-1.17070.
• Medium-term objectives: test the higher bound of GWCZ - 1.16490.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.17511-1.17951, Take Profit 1-1.17070, Take Profit 2-1.16490.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)