24 April 2019, GBP/USD
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.30768-1.30943. 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 1.30789-1.30924. 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 23.04.2019. Quotation of the lower boundary of the zone 1/4-1.30238. Quotation of the lower boundary of the zone 1/2-1.31212. Intraday objectives: update the lows from 23.04.2019-1.29274. Medium-term objectives: test the higher bound of GWCZ-1.28056. Trading recommendations: sells from the range of favorable prices 1.30238-1.31212 in the formation of a reversal pattern.
Sell: 1.30238-1.31212, Take Profit 1-1.29274, Take Profit 2-1.28056.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)