11 Maret 2019, GBP/USD
Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.30541-1.30716, 1.28792-1.28967. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.31343-1.31769. 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 11.03.2019. Quotation of the lower boundary of the zone 1/4-1.30571. Quotation of the lower boundary of the zone 1/2-1.31529. Intraday objectives: update the lows from 11.03.2019-1.29611. Medium-term objectives: test the higher bound of GWCZ-1.27749. Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful sells from the range of favorable prices 1.30571-1.31529 in the formation of a reversal pattern.
Sell: 1.30571-1.31529, Take Profit 1-1.29611, Take Profit 2-1.27749.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)