04 Diciembre 2020, USD/JPY
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 104.471-104.580. 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 104.487-104.600. 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 18.11.2020.
• Quotation of the lower boundary of the zone 1/4 – 104.277.
• Quotation of the lower boundary of the zone 1/2 –104.933.
• Intraday objectives: update the lows from 18.11.2020-103.629.
• Medium-term objectives: test the higher bound of WCZ –103.041.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 104.277-104.933, Take Profit 1-103.629, Take Profit 2-103.041.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)