17 February 2021, USD/JPY
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 103.745-103.830. 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 104.614-104.744. 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 17.01.2021.
• Quotation of the higher boundary of the zone 1/4-105.665.
• Quotation of the higher boundary of the zone 1/2–105.110.
• Intraday objectives: update the highs from 17.01.2021-106.226.
• Medium-term objectives: test the lower bound of SWCZ –106.918.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 105.110-105.665, Take Profit 1-106.226, Take Profit 2-106.918.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)