29 Oktober 2020, EUR/USD
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.17410-1.17490. 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 1.18180-1.18280. 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 28.10.2020.
• Quotation of the lower boundary of the zone 1/4-1.17761.
• Quotation of the lower boundary of the zone 1/2-1.18341.
• Intraday objectives: update the lows from 28.10.2020-1.17181.
• Medium-term objectives: test the higher bound of WCZ - 1.16516.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.17761-1.18341, Take Profit 1-1.17181, Take Profit 2-1.16516.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)