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!
The commencement of today's trading in the European session will be the basis for creating a trading plan for the week. The GBP/USD pair is currently trading above the WCZ 1/2 1.2938-1.2914, making it possible to hold purchases that were opened last week. A new opening of long positions will be possible after today's closing occurs above the maximum of last week. This will make the growth model promising in the medium term. The target of the upward movement will be the weekly control zone 1.3202-1.3154. The probability of reaching this zone will increase to 75%.
The formation of an accumulation zone has been very evident over the past three weeks. An exit and consolidation above this area will indicate the direction for the entire current month, so purchases opened last week may become medium-term. They must be moved to breakeven and leave a part, in case of a growth to the September maximum. This will allow us to take up to 500 points of profit and compensate for the fall of the previous month.
In order for the flat formation to resume, it will be necessary to hold the maximum of the previous week and form the engulfing pattern during its retest. This will indicate the need to search for favorable sales prices. Continuing to work in the flat requires you to look for sales from the upper border with fixing transactions at the lower border. This model has not lost its relevance yet. However, its probability is below 50%, which requires confirmation.
*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।
