16 Februari 2021, EUR/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.21301-1.21396. At the moment, the pair is trading higher, indicating the weakness of sellers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.21219-1.21318. At the moment, the pair is trading higher, indicating the strength of buyers.
• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 16.02.2021.
• Quotation of the higher boundary of the zone 1/4 - 1.21122. • Quotation of the higher boundary of the zone 1/2 - 1.20722.
• Intraday objectives: update the highs from 16.02.2021 - 1.21522.
• Medium-term objectives: test the lower bound of GWCZ - 1.21937.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.20722-1.21122, Take Profit 1-1.21522, Take Profit 2-1.21937.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)