For Traders

Analytical Reviews

Trading plan

22.11.201907:06 Forex Analysis & Reviews: Control zones USDCHF 11/22/19

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Today it is necessary to consider two scenarios, as the WCZ 1/4 test takes place. If a false breakout pattern of Wednesday's peak forms at the beginning of the European session, then sales will come to the fore. The first target of the decline will be the November low.

The above model will be a logical continuation of the flat medium-term structure.

Continued growth will require the opening of a European session to be above the WCZ 1/4 zone and retention there. This will make WCZ 1/2 1.0002-0.9990 a target zone. Purchasing will come to the fore. Further upward movement will become the main one for building a trading fall for the next week.

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.

Back to the list

Open trading account

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.