04 September 2019, EUR/USD
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12522-1.12631. 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 1.10772-1.10850. 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 03.09.2019. Quotation of the lower boundary of the zone 1/4-1.09651. Quotation of the lower boundary of the zone 1/2-1.10055. Intraday objectives: update the lows from 03.09.2019-1.09240. Medium-term objectives: test the higher bound of SWCZ - 1.08455. Trading recommendations: sells from the range of favorable prices 1.09651-1.10055 in the formation of a reversal pattern.
Sell: 1.09651-1.10055, Take Profit 1-1.09240, Take Profit 2-1.08455.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)