10 August 2021, USD/JPY
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 110.019-110.108. 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 110.234-110.290. 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 10.08.2021.
• Quotation of the higher boundary of the zone 1/4-109.907.
• Quotation of the higher boundary of the zone 1/2–109.914.
• Intraday objectives: update the highs from 10.08.2021-110.404.
• Medium-term objectives: test the lower bound of WCZ –110.691.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 109.914-109.907, Take Profit 1-110.404, Take Profit 2-110.691.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)