08 Octubre 2019, EUR/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.09405-1.09484. At the moment, the pair is trading higher, indicating the weakness of sellers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.09642-1.09838. 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 04.10.2019.
• Quotation of the higher boundary of the zone 1/4-1.09667.
• Quotation of the higher boundary of the zone 1/2-1.09267.
• Intraday objectives: update the highs from 04.10.2019-1.10066.
• Medium-term objectives: test the lower bound of WCZ - 1.10471.
• 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 1.09267-1.09667 in the formation of a reversal pattern.
• Buy: 1.09267-1.09667, Take Profit 1-1.10066, Take Profit 2-1.10471.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)