USD/JPY the Day of H&S Breakdown (Nikita FX )
This shows how USD/JPY's reversal point (TP 1) & Reversal Zone worked as my prediction.
We will reach the Trend Line very soon (maybe it will plunge down to the Trend Line on Oct. 23/26).
At that time it won't breach.
On Oct. 30, BOJ's QE3 won't come, however they will anounce something better in order to hold
USD/JPY's Trend Line (for a while).
Yellow Channel bottom line & descending resistance line will cross during Nov.16--18 at the level
of H&S neckline. I think USD/JPY is going to accomplish its huge H&S breakdown on those days.
Nikita FX (climbingfx.jugem.jp/ )
We will reach the Trend Line very soon (maybe it will plunge down to the Trend Line on Oct. 23/26).
At that time it won't breach.
On Oct. 30, BOJ's QE3 won't come, however they will anounce something better in order to hold
USD/JPY's Trend Line (for a while).
Yellow Channel bottom line & descending resistance line will cross during Nov.16--18 at the level
of H&S neckline. I think USD/JPY is going to accomplish its huge H&S breakdown on those days.
Nikita FX (climbingfx.jugem.jp/ )
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.