02 Octubre 2020, EUR/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.17300-1.17500. 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 1.17250-1.17350. At the moment, the pair is trading lower, indicating the weakness 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 01.10.2020.
• Quotation of the higher boundary of the zone 1/4 - 1.17203. • Quotation of the higher boundary of the zone 1/2 - 1.16703.
• Intraday objectives: update the highs from 01.10.2020 - 1.17703.
• Medium-term objectives: test the lower bound of WCZ - 1.18133.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.16703-1.17203, Take Profit 1-1.17703, Take Profit 2-1.18133.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)