The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Last week, the upward movement continued the bullish medium-term impetus and allowed us to get closer to the upper monthly short-circuit of January. This suggests the appearance of a major proposal in the near future.
The price movement on Friday had a correction to 1/4 CZ of 1.2707-1.2698 allowed to enter the purchases, the purpose of which was the monthly CZ of January. The implementation of the impulse bullish pattern occurred over two sessions, indicating the strength of market buyers. The test of the monthly fault has not yet occurred, however, the update of last week's maximum may lead to this event. When implementing this model, you will need to close all long positions and search for a pattern to sell an instrument.
Friday's closure of trading occurred above the weekly CZ of 1.2819-1.2781, which indicates a high probability of continued growth to the next significant resistance of the 1/2 CZ at 1.3031-1.3012.
A continuous growth will require retention of the pair above the decisive support, which is the 1/2 CZ 1/2 1.2673-1.2654. As long as the zone remains unreachable, the probability of updating the January maximum is 70%. This should be considered when building daily trading plans. Working in the opposite direction will begin no sooner than the pair can break through and gain a foothold in one of the US sessions below one of the lower control zones.
Daily CZ - daily control zone. The area formed by important data from the futures market, which changes several times a year.
Weekly fault - weekly control zone. The area formed by the important marks of the futures market, which changes several times a year.
Monthly fault - monthly control zone. The zone, which is a reflection of the average volatility over the past year.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
