02 Septiembre 2019, GBP/USD
Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.21529-1.21734. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.21241-1.21399 and 1.22054-1.22180. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 27.08.2019. Quotation of the higher boundary of the zone 1/4-1.22255. Quotation of the higher boundary of the zone 1/2-1.21417. Intraday objectives: update the highs from 27.08.2019-1.23093. Medium-term objectives: test the lower bound of WCZ-1.23508. Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market or very careful buys from the range of favorable prices 1.21417-1.22255 in the formation of a reversal pattern.
Buy: 1.21417-1.22255, Take Profit 1-1.23093, Take Profit 2-1.23508.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)