07 March 2019, EUR/USD
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13384-1.13490, 1.14244-1.14478. At the moment, the pair is trading lower, which indicates 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 1.13043-1.13114. At the moment, the pair is trading lower, which indicates 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 06.03.2019. Quotation of the lower boundary of the zone 1/4-1.13307. Quotation of the lower boundary of the zone 1/2-1.13768. Intraday objectives: update the lows from 06.03.2019-1.12862. Medium-term objectives: test the higher bound of WCZ -1.12351. Trading recommendations: sells from a range of favorable prices 1.13307-1.13768 in the formation of a reversal pattern.
Sell: 1.13307-1.13768, Take Profit 1-1.12862, Take Profit 2-1.12351.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)