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 EUR/USD pair has been forming a flat zone for the fifth week in a row. During this time, the price has not gone beyond the extremes formed at the end of November. Now, the task is to look for favorable prices for the sale and purchase of the instrument from the borders of the flat.
These borders can be distinguished by the levels 1.1359 and 1.1234. As long as the closing of daily trading takes place within the specified range, the flat will continue. In order to break the structure, the demand or supply must be allowed to exceed the marks and consolidate above/below the flat zone in one of the active trading sessions.
The simplest tactic to cancel a flat is to search for entry points on its borders. It will be profitable at any distance. A stop loss will always mean an exit from a flat. If we consider the decline last November, then the probability of seeing a retest of last month's low is 75%. This must be taken into account when transferring transactions in the medium term.
*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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