03 сентября 2020, USD/JPY
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 107.137-107.267. At the moment, the pair is trading lower, indicating the weakness of buyers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 105.493-105.614. 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 13.08.2020.
• Quotation of the higher boundary of the zone 1/4-106.207.
• Quotation of the higher boundary of the zone 1/2–105.401.
• Intraday objectives: update the highs from 13.08.2020-107.026.
• Medium-term objectives: test the lower bound of WCZ –107.364.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 105.401-106.207, Take Profit 1-107.026, Take Profit 2-107.364.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)