19 Februari 2019, GBP/USD
Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.28609-1.28761. At the moment, the pair is trading higher, indicating the strength of buyers. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.29002-1.29160. At the moment, the pair is trading lower, which indicates 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 14.02.2019. Quotation of the lower boundary of the zone 1/4-1.28687. Quotation of the lower boundary of the zone 1/2-1.29646. Intraday objectives: update the lows from 14.02.2019-1.27725. Medium-term objectives: test the higher bound of GWCZ -1.26423. Trading recommendations: sells from the range of favorable prices 1.28687-1.29646 in the formation of a reversal pattern.
Sell: 1.28687-1.29646, Take Profit 1-1.27725, Take Profit 2-1.26423.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)