04 October 2019, GBP/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.24742-1.24891. 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 1.22945-1.23102. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.
• 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 01.10.2019.
• Quotation of the lower boundary of the zone 1/4-1.22941.
• Quotation of the lower boundary of the zone 1/2-1.23781.
• Intraday objectives: update the lows from 01.10.2019-1.22086.
• Medium-term objectives: test the higher bound of GWCZ-1.20891.
• Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to sell, I recommend staying out of the market or very careful sells from the range of favorable prices 1.22941-1.23781 in the formation of a reversal pattern.
• Sell: 1.22941-1.23781, Take Profit 1-1.22101, Take Profit 2-1.20891.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone) • TRADE METALS WITHOUT SWAPS!