04 May 2022, USD/JPY
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 127.880-128.263. At the moment, the pair is trading higher, indicating the strength of buyers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 128.275-128.472. At the moment, the pair is trading higher, indicating the strength of buyers.
• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 28.04.2022.
• Quotation of the higher boundary of the zone 1/4-130.391.
• Quotation of the higher boundary of the zone 1/2–129.549.
• Intraday objectives: update the highs from 28.04.2022-131.245.
• Medium-term objectives: test the lower bound of GWCZ –131.927.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 129.549-130.391, Take Profit 1-131.245, Take Profit 2-131.927.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)