23 March 2022, USD/JPY
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 118.218-118.352. 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 119.066-119.261. 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 23.03.2022.
• Quotation of the higher boundary of the zone 1/4-120.681.
• Quotation of the higher boundary of the zone 1/2–119.960.
• Intraday objectives: update the highs from 23.03.2022-121.410.
• Medium-term objectives: test the lower bound of SWCZ –122.799.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 119.960-120.681, Take Profit 1-121.410, Take Profit 2-122.799.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)