17 Julio 2019, GBP/USD
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.26998-1.27166. 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 1.25117-1.25227. 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 16.07.2019. Quotation of the lower boundary of the zone 1/4-1.24801. Quotation of the lower boundary of the zone 1/2-1.25638. Intraday objectives: update the lows from 16.07.2019-1.23964. Medium-term objectives: test the higher bound of GWCZ-1.22804.
Trading recommendations: sells from the range of favorable prices 1.24801-1.25638 in the formation of a reversal pattern.
Sell: 1.24801-1.25638, Take Profit 1-1.23964, Take Profit 2-1.22804.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
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