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A local accumulation zone formed on the pair. This makes it possible to view transactions from the boundaries of the range. Conditions have not yet been created for selling the instrument. A false breakout is a good pattern of the weekly high. This will allow us to consider selling the instrument on Monday.
Continuing to work within the flat will make it possible to sell and purchase the instrument from its borders. It is not profitable to consider buying today, since the pair is trading near the weekly high, which increases the probability of an offer.
An alternative model for exiting the flat will develop if today's trading closes above the weekly high. This will indicate that the limit sell orders placed above the current levels were dismantled and the market buyer continued to set a long position.
Daily CZ - daily control zone. The area formed by important data from the futures market, which changes several times a year.
Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which changes several times a year.
Monthly CZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.
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