empty
 
 
ar
الدعم
فتح الحساب الفوري
منصة التداول
إيداع/ سحب

11.12.201813:55 Forex Analysis & Reviews: Simplified wave analysis of EUR / GBP for December 11

Long-term review

Large-scale graphics:

The ascending wave plane from April 17 is nearing completion. In the movement structure, all 3 parts (A – B – C) are clearly traced.

Exchange Rates 11.12.2018 analysis

Medium scale graphics:

The last wave of the hourly scale of November 13 completes the larger model. The lower limit of the large-scale potential reversal zone has been reached.

Exchange Rates 11.12.2018 analysis

Small-scale graphics:

The bullish segment of the schedule from November 28 completes the ascending wave zigzag of the watch TF. Signal reversal on the chart is not observed.

Forecast and recommendations:

In the upcoming weekly period, there is a high probability of a change in the direction of the short-term trend. It is recommended to track reversal signals for entering short trades within the current resistance zone.

Resistance zones:

- 0.9030 / 0.9080

Support areas:

- 0.8870 / 0.8820

Explanations for the figures: The simplified wave analysis uses waves consisting of 3 parts (A – B – C). For analysis, 3 consecutive graphs are used. Each of them analyzes the last, incomplete wave. Zones show calculated areas with the highest probability of reversal. The arrows indicate the wave marking by the method used by the author. The solid background shows the formed structure, the dotted - the expected movement.

Attention: The wave algorithm does not take into account the duration of tool movements over time. To conduct a trade transaction, you need confirmation signals from the trading systems you use!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

لا تستطيع التحدث الآن؟
اطرح سؤالك في الدردشة.