07 October 2021, EUR/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.17274-1.17386. 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 1.15958-1.16075. 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 06.10.2021.
• Quotation of the lower boundary of the zone 1/4-1.15744.
• Quotation of the lower boundary of the zone 1/2-1.16184.
• Intraday objectives: update the lows from 06.10.2021-1.15304.
• Medium-term objectives: test the higher bound of GWCZ - 1.14779.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.15744-1.16184, Take Profit 1-1.15304, Take Profit 2-1.14779.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)