01 June 2022, USD/JPY
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 127.897-128.124. At the moment, the pair is trading higher, indicating the weakness of sellers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 127.061-127.232. 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 01.06.2022.
• Quotation of the higher boundary of the zone 1/4-128.355.
• Quotation of the higher boundary of the zone 1/2–127.537.
• Intraday objectives: update the highs from 01.06.2022-129.184.
• Medium-term objectives: test the lower bound of WCZ –129.593.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 127.537-128.355, Take Profit 1-129.184, Take Profit 2-129.593.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)