When building a daily trading plan, it is important to understand that the probability of continued growth is 70%. This suggests the need to search for favorable prices for the purchase of the instrument. The first support will be WCZ 1/4 1.2208-1.2200. Purchases from this zone will bring 140 points of profit, so they will be profitable if the stop loss is not more than 45 points.
The defining support is WCZ 1/2 1.2124-1.2108. Reaching this zone will allow you to get the best prices for the purchase. The zone is outside the daily course, so today it is not necessary to consider the test.
An alternative model for the formation of the accumulation zone will become relevant if the closure of today's US session occurs below the level of 1.2200. This will allow you to work in both directions, however, the priority will remain upward and the lower limit of the flat will be decisive for purchases.
Daily CZ - daily control zone. An area formed by important data from the futures market that changes several times a year.
Weekly CZ - weekly control zone. The zone formed by the important marks of the futures market, which change several times a year.
Monthly CZ - monthly control zone. An area that reflects the average volatility over the past year.
