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 month's move formed a senior engulfing pattern. This indicated that the upward movement is a medium-term correction. Our task was to determine the maximum correction zone and two such zones were reached simultaneously this week. The main obstacle to growth was the weekly CZ 1.3202 - 1.3154. The zone of the average weekly course coincided with it. This confirms their importance and makes it possible to consider the sale of the instrument in the medium term. The fall may target the September minimum. This will take from two to three weeks, so there is no need to rush to fix sales.
Work in the direction of the fall of the GBPUSD pair may become the main one at the end of the current and the first half of the next month. It is important to note significant support levels. Rebuilding below them must be used to re-sell the instrument. This will allow the short position to build up and obtain a favorable risk to reward ratio in case of 100% realization of the bearish pattern.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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