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Analysis of the margin levels - USDJPY: medium-term purchases in priority

FreshForex news RSS 13.11.2018 at 04:20

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the Long-term trend: long. Max volume accumulation of the current contract in the range 112.057–112.475. Traded above these levels, which indicates the strength of the buyers. Medium-term trend: long. The maximum traded volume language medium-term trend is for the quote 113.008, the pair is trading above this congestion, which tells us about the power of the buyers. Region of the best price for the purchase from the perspective zones of the margin is constructed from high 12.11.2018 and restricted areas 1/4 and 1/2. Quote of the upper boundary of the zone 1/4-113.685, listing the top border of zone 1/2–113.172. Intraday targets: up from 12.11.2018–114.204, medium-term goals: test of the lower bound SNCS–114.426. Trading recommendations: medium-term purchases from a range of prices, the formation of the reversal pattern. Stop at the low of the pattern.

Buy: 113.172-113.685, Take Profit 1-114.204, Take Profit 2-114.426

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