empty
 
 
24.05.2019 09:03 AM
Control zones for USD/CAD pair on 05/24/19

Yesterday's growth of USD/CAD pair led to a breakdown of significant resistance by the 1/2 WCZ of 1.3470-1.3459, which indicates an increase in the likelihood of further growth if we manage to stay above the zone in today's US session.

The pair continues to form a medium-term accumulation zone throughout May. Today, a test of the upper border of the flat takes place, which can lead to the formation of a correctional model and a decline to yesterday's minimum. This model is a priority since the zone of the average weekly move was tested and growth stopped. The likelihood of closing trades within the middle move zone is 70%, thus sales from current levels are more profitable. It is necessary to form a "false breakout" pattern to enter a trade.

This image is no longer relevant

Work within the accumulation zone indicates the need to close all purchases as the upper limit of the range has been tested. The goal of a short position will be at least the current week.

An alternative model will be developed if the close of today's trading occurs above the weekly average trading area. This will allow starting work on Monday to return to this zone. The probability of return will increase to 90%, which will make sales even more profitable.

This image is no longer relevant

Daily CZ - daily control zone. The area formed by important data from the futures market, which changes several times a year.

Weekly CZ - weekly control zone. The area formed by marks from the important futures market, which changes several times a year.

Monthly CZ - monthly control zone. The area is a reflection of the average volatility over the past year.

Samanta Kruder,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $1000 mais!
    Em Abril nós sorteamos $1000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback