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 formation of a downward medium-term model continued. The closing of the week occurred just below the weekly CP 1.1386-1.1368, which indicates a high probability of a further decline.
Downward movement has priority, so any growth must be used to search for favorable prices for the sale. The nearest resistance is NKZ 1/4 1.1403-1.1395. When testing this zone, you need to focus on finding a pattern for selling a tool. The goal of the fall is the NKZ 1/2 1.1276-1.1267, so sales above the current price will be profitable if the stop loss does not exceed 30 points.
The most favorable prices for sale are located within the NKZ 1/2 1.1454-1.1445. The test of this zone will be decisive for the medium-term downward movement. As long as the instrument is trading below the zone, the probability of updating the January low will be above 50%.
Formation of the reversal pattern will require the absorption of the Friday fall. This will allow the pair to move into the accumulation phase, the work in which will be carried out from the boundaries of the flat. This phase will not change the mid-term bearish momentum, however, the model implementation time will be longer. It will be possible to talk about the cancellation of the downward movement when the closure of the US session occurs above the level of 1.1454.
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.
*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।
