12 May 2021, EUR/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.19026-1.19155. At the moment, the pair is trading higher, indicating the strength of buyers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.21610-1.21684. At the moment, the pair is trading lower, indicating the weakness of buyers.
• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 11.05.2021.
• Quotation of the higher boundary of the zone 1/4 - 1.21377. • Quotation of the higher boundary of the zone 1/2 - 1.20937.
• Intraday objectives: update the highs from 11.05.2021 - 1.21817.
• Medium-term objectives: test the lower bound of GWCZ - 1.22512.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.20937-1.21377, Take Profit 1-1.21817, Take Profit 2-1.22512.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)