20 Desember 2018, USD/JPY
Long-term trend: goes short. New contract. The maximum accumulation of volumes of the current contract is located in the range, of quotations 112.388-112.551. At the moment, the pair is trading lower, which indicates the strength of sellers. Medium-term trend: goes short. It is very difficult to make a forecast in terms of volume analysis, as the new contract began to trade and the past volumes of the medium-term trend lost their meaning. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 112.403-112.572. At the moment, the pair is trading lower, which indicates the strength of sellers. The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 19.12.2018. Quotation of the lower boundary of the zone 1/4–112.534, quotation of the lower boundary of the zone 1/2-112.599. Intraday objectives: update the lows from 19.12.2018–112.102, Medium-term objectives: test the higher bound of WCZ–111.879. Trading recommendations: Sells from a range of favorable prices 112.534-112.999 in the formation of a reversal pattern.
Sell: 112.534-112.999, Take Profit 1-112.102, Take Profit 2-111.879. WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
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