02 October 2023, USD/JPY
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 147.100-147.700. 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 147.250-147.650. 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 02.10.2023.
• Quotation of the higher boundary of the zone 1/4-148.524.
• Quotation of the higher boundary of the zone 1/2–147.244.
• Intraday objectives: update the highs from 02.10.2023-149.827.
• Medium-term objectives: test the lower bound of GWCZ –152.775.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 147.244-148.524, Take Profit 1-149.827, Take Profit 2-152.775.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)