03 June 2022, USD/JPY
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 129.937-130.156. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.
• 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 02.06.2022.
• Quotation of the higher boundary of the zone 1/4-129.386.
• Quotation of the higher boundary of the zone 1/2–128.554.
• Intraday objectives: update the highs from 02.06.2022-130.245.
• Medium-term objectives: test the lower bound of GWCZ –131.279.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 128.554-129.386, Take Profit 1-130.245, Take Profit 2-131.279.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)