12 Marzo 2020, USD/JPY
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 109.480-109.722. At the moment, the pair is trading lower, indicating the strength of sellers.
• Medium-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 104.628-104.754. At the moment, the pair is trading lower, indicating the strength of sellers.
• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 12.03.2020.
• Quotation of the lower boundary of the zone 1/4-103.587.
• Quotation of the lower boundary of the zone 1/2–104.104.
• Intraday objectives: update the lows from 12.03.2020-103.074.
• Medium-term objectives: test the higher bound of GWCZ –102.757.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 103.587-104.104, Take Profit 1-103.074, Take Profit 2-102.757.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)