Today I would like to talk about USD/JPY with
macro view
This is a long term view of it in Monthly
chart
It may be useful information for major players
rather than individual players.
Perhaps a year later you may see it what Cassandra
chart had been said.
Somehow
Briefly I diagnose it with my favorite signals
information
See below!
①
Is bullish trend line of
monthly chart but it is breakthroughs by ②
and ⑦ of down line of BBS with “V” signal
②
Is collective trend line signified
for 3 month with 3 candles. but you may be query how much it is going to be
adjusted? The answer are ③(Fibonacci adjustment) and ④( 12ma
of middle line of Bollinger bands)
③
Is Fibonacci line. We can judge with
it what strengthen of Wave will happened since it is totally depended on ratio
of it. for example
④
Is 50% of Fibonacci overlapped by
red color line of BBS middle line? If the ratio of adjustment are less than 50%
of it. you should correspond with Box theory if it is more than 50%, you may
ensure this wave is not dead and powerful. hence as time goes by let us watch
out the movement of candle whether if the candle is resisted by the red line or
not, Especially when the stochastic gold signal just like ⑥
⑤
Is stochastic (5.3.3), which we
wait for just like ⑥ (gold single)
⑥
Is stochastic triple bottom
At any rate if you are short term trader,
take a position in down trend line. Because with daily chart, it is triple top.
Furthermore if you are interested in when
it is turning into bullish phase again, please wait for the single of Double
tops after whether the previous low line (94.232) is breakthrough or not.
