The pair continues to form a downward medium-term model. The goal of the fall is the weekly short-circuit, formed from the extremum on November 22. The most favorable prices were not received, however, a correctional growth occurred.
Today’s decline continued the downward medium-term momentum. The main goal of the fall is the weekly short-term 1.2543-1.2505, which was slightly shifted due to another change in margin requirements. The main plan is to hold a short position. The growth of the pair can be used for repeated sales. It is important to understand that approaching the level of 1.2543 reduces the risk-to-profit ratio and makes sales less profitable.
Today, the pair has already overcome the value of the average daily course, which can lead to a slowdown in the fall. The growth should be considered as a correction and a pattern should be sought for the repeated sale of the instrument.
There are no prerequisites for breaking the downward movement. For this reason, it is necessary to determine the exit from a short position. If the pair reaches a weekly short-circuit by the end of the current week, a test and an average weekly move will occur. This can lead to a large demand. This movement may not be turning, but to eliminate most of the sales better in this place.
Day short – daily control zone. The zone formed by important data from the futures market, which change several times a year.
Weekly KZ – weekly control zone. The zone formed by the important marks of the futures market, which change several times a year.
Monthly KZ – monthly control zone. The zone, which is a reflection of the average volatility over the past year.
The material has been provided by InstaForex Company – www.instaforex.com
The pair continues to form a downward medium-term model. The goal of the fall is the weekly short-circuit, formed from the extremum on November 22. The most favorable prices were not received, however, a correctional growth occurred.
Today’s decline continued the downward medium-term momentum. The main goal of the fall is the weekly short-term 1.2543-1.2505, which was slightly shifted due to another change in margin requirements. The main plan is to hold a short position. The growth of the pair can be used for repeated sales. It is important to understand that approaching the level of 1.2543 reduces the risk-to-profit ratio and makes sales less profitable.
Today, the pair has already overcome the value of the average daily course, which can lead to a slowdown in the fall. The growth should be considered as a correction and a pattern should be sought for the repeated sale of the instrument.
There are no prerequisites for breaking the downward movement. For this reason, it is necessary to determine the exit from a short position. If the pair reaches a weekly short-circuit by the end of the current week, a test and an average weekly move will occur. This can lead to a large demand. This movement may not be turning, but to eliminate most of the sales better in this place.
Day short – daily control zone. The zone formed by important data from the futures market, which change several times a year.
Weekly KZ – weekly control zone. The zone formed by the important marks of the futures market, which change several times a year.
Monthly KZ – monthly control zone. The zone, which is a reflection of the average volatility over the past year.
The material has been provided by InstaForex Company – www.instaforex.com
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