17 May 2021, USD/JPY
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 108.773-108.919. 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 108.804-108.894. 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 13.05.2021.
• Quotation of the higher boundary of the zone 1/4-109.275.
• Quotation of the higher boundary of the zone 1/2–108.764.
• Intraday objectives: update the highs from 13.05.2021-109.790.
• Medium-term objectives: test the lower bound of GWCZ –110.512.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 108.764-109.275, Take Profit 1-109.790, Take Profit 2-110.512.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)