07 September 2020, EUR/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.18283-1.18441. 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 1.18299-1.18404. 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 04.09.2020.
• Quotation of the lower boundary of the zone 1/4-1.18307.
• Quotation of the lower boundary of the zone 1/2-1.18807.
• Intraday objectives: update the lows from 04.09.2020-1.17886.
• Medium-term objectives: test the higher bound of GWCZ - 1.17131.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.18307-1.18807, Take Profit 1-1.17886, Take Profit 2-1.17131.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)