17 Julio 2019, EUR/USD
Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.11993-1.12044 и 1.12357-1.12435. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.12497-1.12556. 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 09.07.2019. Quotation of the lower boundary of the zone 1/4-1.12333. Quotation of the lower boundary of the zone 1/2-1.12731. Intraday objectives: update the lows from 09.07.2019-1.11925. Medium-term objectives: test the higher bound of GWCZ - 1.10544. Trading recommendations: sells from the range of favorable prices 1.12333-1.12731 in the formation of a reversal pattern.
Sell: 1.12333-1.12731, Take Profit 1-1.11925, Take Profit 2-1.11719.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)