21 April 2021, USD/JPY
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 108.804-108.922. At the moment, the pair is trading lower, indicating the strength of sellers.
• Medium-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 108.818-108.930. 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 20.04.2021.
• Quotation of the lower boundary of the zone 1/4 – 108.457.
• Quotation of the lower boundary of the zone 1/2 –109.048.
• Intraday objectives: update the lows from 20.04.2021-107.873.
• Medium-term objectives: test the higher bound of GWCZ –107.369.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 108.457-109.048, Take Profit 1-107.873, Take Profit 2-107.369.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)