20 December 2018, EUR/USD
Long-term trend: temporary uncertainty. New contract. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13444-1.13665. At the moment, the pair is trading higher, indicating the strength of buyers. Medium-term trend: goes long. It is very difficult to make a forecast in terms of volume analysis, as the new contract began to trade and the past volumes of the medium-term trend lost their meaning. The maximum accumulation of volumes of medium-term trend is located at the quote 1.13690. At the moment, the pair is trading higher, indicating the strength 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 19.12.2018. Quotation of the higher boundary of the zone 1/4-1.13930, quotation of the higher boundary of the zone 1/2-1.13473. Intraday objectives: update the highs from 19.12.2018 - 1.14396, medium-term objectives: test the lower bound of WCZ - 1.14529.
Trading recommendations: Buys from a range of favorable prices 1.13473-1.13930 in the formation of a reversal pattern. Buy: 1.13473-1.13930, Take Profit 1-1.14396, Take Profit 2-1.14529.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
Be the first to get $5 for participation in the webinar 8.30 GMT
https://my.webinar.fm/go/a111e377/celug81