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 pair has been forming an upward trend for the past three weeks. The growth yesterday was another confirmation of the impulsive nature of growth. Any decline in the pair should be considered as an opportunity to buy the instrument. The 50% correction level becomes an interesting level for opening a long position after yesterday's growth. Compensation for half of the upward movement will allow you to enter the purchase with minimal risks.
The first growth target remains the weekly CZ 1.3202-1.3154, which was determined three weeks earlier and still remains the center of attraction for the price. After testing the specified zone, the probability of a large offer will increase, so you need to close most of the purchases after testing this zone. An important factor for continued growth will be the closing of one of the US sessions above the level of 1.3202. This will allow you to keep some of your purchases. The medium-term growth target is the opening level of last month's trading. At this point, you need to set a take profit to fix all possible purchases.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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