17 April 2020, EUR/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.11749-1.12023. 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 1.08696-1.08748. 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 16.04.2020.
• Quotation of the lower boundary of the zone 1/4-1.08619.
• Quotation of the lower boundary of the zone 1/2-1.09074.
• Intraday objectives: update the lows from 16.04.2020-1.08164.
• Medium-term objectives: test the higher bound of WCZ - 1.08094.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.08619-1.09074, Take Profit 1-1.08164, Take Profit 2-1.08094.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)