16 September 2021, GBP/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.38429-1.38533. At the moment, the pair is trading lower, indicating the weakness of buyers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.38400-1.38514. At the moment, the pair is trading lower, indicating the weakness 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 14.09.2021.
• Quotation of the higher boundary of the zone 1/4 - 1.38288.
• Quotation of the higher boundary of the zone 1/2 - 1.37428.
• Intraday objectives: update the highs from 14.09.2021-1.39147.
• Medium-term objectives: test the lower bound of WCZ-1.39498.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.37428-1.38288, Take Profit 1-1.39147, Take Profit 2-1.39498.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)