26 Agustus 2019, USD/JPY
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 107.813-108.001. At the moment, the pair is trading lower, indicating the strength of sellers. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 106.368-106.499. At the moment, the pair is trading lower, indicating 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 26.08.2019. Quotation of the lower boundary of the zone 1/4-104.914. Quotation of the lower boundary of the zone 1/2–105.400. Intraday objectives: update the lows from 26.08.2019-104.443. Medium-term objectives: test the higher bound of GWCZ –104.114. Trading recommendations: sells from the range of favorable prices 104.914-105.400 in the formation of a reversal pattern.
Sell: 104.914-105.400, Take Profit 1-104.443, Take Profit 2-104.114.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)