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!
This week, the medium-term accumulation zone is being formed, where the main goal of growth is the upper limit of the weekly short-term at 0.7180.
Work within the medium-term accumulation zone is the basis for building today's trading plan. Purchases from the lower border of the NKZ 1/2 0.7065 are the most profitable, as the growth potential is estimated at 100 points or more. Stop for a long position should not exceed 30p, so that the ratio of risk to profit is not worse than 1 to 3.
When reaching the weekly short-term, full or partly locking in a long position will be required, as this can lead to the emergence of a large offer and the continuation of the formation of the medium-term flat.
For the formation of an alternative model of the fall, it will be necessary to keep the price below yesterday's high, and the closure of today's US session should be below 0.7065. This will open the way for the resumption of the fall by 68 points and more, which will make it possible to look for sales at tomorrow's Asian session.
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