12 October 2022, GBP/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.11466-1.11879. 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 1.10378-1.10623. 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 12.10.2022.
• Quotation of the lower boundary of the zone 1/4-1.10422.
• Quotation of the lower boundary of the zone 1/2-1.11442.
• Intraday objectives: update the lows from 12.10.2022-1.09382.
• Medium-term objectives: test the higher bound of GWCZ - 1.08862.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.10422-1.11442, Take Profit 1-1.09382, Take Profit 2-1.08862.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)