04 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 107.806-108.010. 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 107.627-107.705. 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 03.10.2019.
• Quotation of the lower boundary of the zone 1/4-106.960.
• Quotation of the lower boundary of the zone 1/2–107.450.
• Intraday objectives: update the lows from 03.10.2019-106.475.
• Medium-term objectives: test the higher bound of GWCZ –105.489.
• Trading recommendations: sells from the range of favorable prices 106.960-107.450 in the formation of a reversal pattern.
• Sell: 106.960-107.450, Take Profit 1-106.475, Take Profit 2-105.489.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)