29 March 2019, GBP/USD
Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.32394-1.32792. At the moment, the pair is trading lower, indicating 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 1.32040-1.32285. At the moment, the pair is trading lower, indicating 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 21.03.2019. Quotation of the lower boundary of the zone 1/4-1.30992. Quotation of the lower boundary of the zone 1/2-1.31957. Intraday objectives: update the lows from 21.03.2019-1.29991. Medium-term objectives: test the higher bound of GWCZ-1.28056.
Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful sells from the range of favorable prices 1.30992-1.31957 in the formation of a reversal pattern.
Sell: 1.30992-1.31957, Take Profit 1-1.29991, Take Profit 2-1.28056.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
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