04 November 2021, GBP/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.36667-1.36885. At the moment, the pair is trading lower, indicating the weakness of buyers.
• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.37588-1.37725. 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 02.11.2021.
• Quotation of the lower boundary of the zone 1/4-1.36912.
• Quotation of the lower boundary of the zone 1/2-1.37772.
• Intraday objectives: update the lows from 02.11.2021-1.36052.
• Medium-term objectives: test the higher bound of WCZ - 1.34892.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.36912-1.37772, Take Profit 1-1.36052, Take Profit 2-1.34892.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)