Stay 
Trading Conditions
Products
Tools
Today, it is necessary to consider the pattern of "false breakdown" of yesterday's low, as the pair is trading within the weekly CZ limit of 1.3382-1.3365. Going beyond the average weekly course makes it possible to talk about a return to its limits with a probability of 90%. It should be used for the fixation of sales by 100% and finding the best prices on the purchase.
Do not forget to change the construction of the weekly control zone and other zones, since there has been a change in marginal collateral. It is important to remember that the new requirements apply to all already open positions.
An alternative model of reduction and consolidation below the weekly control zone has a probability below 30%, which makes it auxiliary. Sales from the current marks ceased to be profitable. In order to continue working in a downward direction, it is necessary to obtain more favorable prices after the growth of the pair. You should not buy a "false breakdown" without a formed model since the downward movement is a strong medium-term impulse.
Daily CZ - daily control zone. The area formed by important data from the futures market, which change several times a year.
Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which change several times a year.
Monthly CZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
