If the close of trading this week will occur above the WCZ 1/2 0.6825-0.6819, it will allow you to buy the instrument again. The growth target will be the monthly CZ of October. The first fixes will be required after the monthly maximum is updated.
This model will continue the medium-term growth and will allow holding purchases opened earlier.
An alternative model will be developed if the closing of today's trading occurs below the WCZ 1/2. This will indicate the completion of the bullish phase and will allow you to use any growth to find favorable prices to sell the instrument. The target of the fall will be the weekly CZ 0.6765-0.6753.
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.
