This Chart shows how USD/JPY reacts along these important 4 Lines: 1. --79.75--101.67 Line(Wolfe Line) is now Strongest Resistance Line and making bearish Green Flag which was already broken down.(its target: 114.48 has not yet met )
2. --160.20--147.66 Line (ex-Longest Resistance Line) is now acting as Minor-Resistance Line (That's why Triangle (looks like) consolidation continued. If Closing above this Line, it goes the Flag bottom line.
3. --77.43--101.50 Line is Final supportive upward Trend Line, however it won't work after Crossing with No.2 Line (approx. Mid-Jan. 2016)
4. --147.66--124.13 Line was turned into Strongest Supportive Line in case of breakdown thru No. 3 Line.
Therefore Time is ticking....eg. If we won't have 3rd BOJ easing on Halloween (this year), or US's QE4, USD/JPY is going deep into the No. 4 Abyss zone and Global Equity (& S&P500 etc.) will be Crashed.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.