30 April 2019, EUR/USD
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12493-1.12602. At the moment, the pair is trading lower, indicating the strength of sellers. Medium-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of 1.11531-1.11585. At the moment, the pair is trading higher, indicating the weakness 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 26.04.2019. Quotation of the lower boundary of the zone 1/4-1.11502. Quotation of the lower boundary of the zone 1/2-1.11899. Intraday objectives: update the lows from 26.04.2019-1.11101. Medium-term objectives: test the higher bound of GWCZ - 1.10831. Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to sell, I recommend staying out of the market or very careful sells from a range of favorable prices 1.11502-1.11899 in the formation of a reversal pattern.
Sell: 1.11502-1.11899, Take Profit 1-1.11101, Take Profit 2-1.10831.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)