17 Mei 2021, EUR/USD
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.20689-1.20817. At the moment, the pair is trading higher, indicating the weakness of sellers. • Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.20729-1.20791. At the moment, the pair is trading higher, indicating the weakness 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 13.05.2021.
• Quotation of the lower boundary of the zone 1/4-1.20952.
• Quotation of the lower boundary of the zone 1/2-1.21392.
• Intraday objectives: update the lows from 13.05.2021-1.20512.
• Medium-term objectives: test the higher bound of WCZ - 1.20066.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.20952-1.21392, Take Profit 1-1.20512, Take Profit 2-1.20066.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone) • SWCZ (silver weekly control zone)