08 March 2021, GBP/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.36626-1.36810. At the moment, the pair is trading higher, indicating the strength of buyers.
• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.39324-1.39446. 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 05.03.2021.
• Quotation of the lower boundary of the zone 1/4-1.38745.
• Quotation of the lower boundary of the zone 1/2-1.39705.
• Intraday objectives: update the lows from 05.03.2021-1.37784.
• Medium-term objectives: test the higher bound of GWCZ-1.36685.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.38745-1.39705, Take Profit 1-1.37784, Take Profit 2-1.36685.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)