EURUSD: medium-term buys of the pair. | 08 Enero 2019
08 Enero 2019, EUR/USD
Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13863-1.14023. At the moment, the pair is trading higher, indicating the strength of buyers.
Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located at the quote 1.13999. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 08.01.2019.
Quotation of the higher boundary of the zone 1/4-1.14380.
Quotation of the higher boundary of the zone 1/2-1.13924.
Intraday objectives: update the highs from 08.01.2019–1.14849.
Medium-term objectives: test the lower bound of WCZ-1.14921.
Trading recommendations: temporary uncertainty, I recommend to refrain from entering the transaction or a very neat buys from a range of favorable prices 1.13924-1.14380 in the formation of a reversal pattern.
Buy: 1.13924-1.14380, Take Profit 1-1.14849, Take Profit 2-1.14921.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
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