Control zones USDCHF 12/3/2019

The pair’s fall from yesterday led to the lower limit of the average weekly move. This makes it possible to close all sales opened during the WCZ 1/2 test. The probability of consolidation below the middle course zone is at 30% this week. This allows us to consider the formation of corrective upward movement until Friday.

Sales from current grades are no longer profitable. You need to create a false breakout pattern of yesterday’s low to buy from the middle course zone.

An alternative decline model will be developed if today’s trading closes lower than yesterday. This will indicate a continued decline, the aim of which will be the November low. Sales at or below average speed are not recommended, as the likelihood of a return to the range will increase to 90%.

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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.

The material has been provided by InstaForex Company – www.instaforex.com

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MOKAR

Author: MOKAR

Mula berdagang dalam pasaran forex sejak tahun 2003. Manakala pasaran bursa saham tempatan dan global pada tahun 2018. Menjadikan trading online sebagai kerjaya sepenuh masa pada tahun 2019. Kerjaya sebelum ini adalah seorang salesman kereta. Berpengalaman dengan pelbagai teknik dan perguruan tetapi akhirnya sangat serasi dengan teknik FMCBR @ Fibo Musang melalui guruku Cikgu Baha & Cikgu Zul.

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