05 May 2022, GBP/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.30999-1.31370. At the moment, the pair is trading lower, indicating the strength of sellers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.25444-1.25629. At the moment, the pair is trading higher, indicating the strength 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 04.05.2022.
• Quotation of the higher boundary of the zone 1/4 - 1.25636.
• Quotation of the higher boundary of the zone 1/2 - 1.24896.
• Intraday objectives: update the highs from 04.05.2022-1.26376.
• Medium-term objectives: test the lower bound of WCZ-1.27065.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.24896-1.25636, Take Profit 1-1.26376, Take Profit 2-1.27065.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)