29 May 2019, EUR/USD
Long-term trend: goes short.. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12383-1.12487. 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 1.11830-1.11921. At the moment, the pair is trading lower, indicating the weakness of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 27.05.2019. Quotation of the higher boundary of the zone 1/4-1.11744. Quotation of the higher boundary of the zone 1/2-1.11341. Intraday objectives: update the highs from 27.05.2019-1.12139. Medium-term objectives: test the lower bound of WCZ - 1.12663.
Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
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