Stay 
Trading Conditions
Products
Tools
This week, the main resistance is the June monthly short circuit. A test of this zone will result in a sentence in most cases. A small out of the zone is possible, since the weekly range of the middle stroke is located just above it. The "false breakout" pattern of last week's high is suitable for making a trading decision to sell.
Purchases in the current segment of the market is no longer profitable, since the likelihood of large sales has increased significantly.
An alternative model of growth and consolidation above the monthly CZ will allow to look for sales prices in the future with a probability of working off 90%. Work outside the monthly short-circuit implies the refusal of purchases and the search for the "false breakout" pattern for entering a short 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.
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.
