01 Oktober 2019, USD/JPY
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 107.846-108.068. 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 107.917-108.063. 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 01.10.2019.
• Quotation of the higher boundary of the zone 1/4-107.737.
• Quotation of the higher boundary of the zone 1/2–107.245.
• Intraday objectives: update the highs from 01.10.2019-108.244.
• Medium-term objectives: test the lower bound of WCZ –108.857
• Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market or very careful buys from the range of favorable prices 107.245-107.737 in the formation of a reversal pattern.
• Buy: 107.245-107.737, Take Profit 1-108.244, Take Profit 2-108.857.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)