05 Septiembre 2019, EUR/USD
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12522-1.12631. At the moment, the pair is trading lower, indicating the strength of sellers. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.10247-1.10320. At the moment, the pair is trading higher, indicating the strength of buyers. 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 05.09.2019. Quotation of the higher boundary of the zone 1/4-1.09990. Quotation of the higher boundary of the zone 1/2-1.09590. Intraday objectives: update the highs from 05.09.2019-1.10389. Medium-term objectives: test the lower bound of WCZ - 1.10855. Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful buys from the range of favorable prices 1.09592-1.09990 in the formation of a reversal pattern.
Buy: 1.09592-1.09990, Take Profit 1-1.10389, Take Profit 2-1.10855.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)