11 Juli 2019, EUR/USD
Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13567-1.13692 and 1.11966-1.12101. 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 1.13713-1.13789. 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 09.07.2019. Quotation of the lower boundary of the zone 1/4-1.12329. Quotation of the lower boundary of the zone 1/2-1.12730. Intraday objectives: update the lows from 09.07.2019-1.11932. Medium-term objectives: test the higher bound of GWCZ - 1.12070. Trading recommendations: sells from a range of favorable prices 1.12329-1.12730 in the formation of a reversal pattern.
Sell: 1.12329-1.12730, Take Profit 1-1.11932, Take Profit 2-1.11722.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)