11 Desember 2018, EUR/USD
Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13545-1.14235. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.13805-1.13960. At the moment, the pair is trading lower, indicating the weakness 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 10.12.2018. Quotation of the higher boundary of the zone 1/4 - 1.13970, quotation of the higher boundary of the zone 1/2 - 1.13514. Intraday objectives: update the highs from 10.12.2018 – 1.14426, medium-term objectives: test the lower bound of WCZ - 1.14503. Trading recommendations: The volumes of the medium-term trend impede the entry into the buy transaction, I recommend refraining from entering the transaction or Buys from a range of favorable prices 1.13514 – 1.13970 in the formation of a reversal pattern.
Buy: 1.13514 – 1.13970, Take Profit 1-1.14426, Take Profit 2-1.14503.
WCZ (weekly control zone) GWCZ (golden weekly control zone) SWCZ (silver weekly control zone)