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USD vs Japanese Yen coming close to resolution (?)

10/22/2017 – we discussed the ‘RSI SHIFT’ below.  taking note of it again …have been on the sidelines w/ regards to the USD vs YEN as I’m waiting for resolution of the downtrend line shown … note: still in the ‘maybe’ camp of 2 being done … so were going to be watching the YEN […]

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USD vs Japanese Yen

here’s some work that I’ve been doing on the YEN: https://bartscharts.com//?s=yen just taking a look at the weekly RSI and, when I trained under Constance Brown she said “the market will tell you when it’s shifting, watch the RSI zones for clues.” as you can see below … the, what I believe, multi-decade wave 5 occurred […]

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Truncation … low in USD vs JPY in place?

the more I look at: USD Index “low” in place and advancing … thrust/momentum from the lows in the USD vs JPY … the more a case can be made for truncation as shown below … so, here’s the other side of the coin.  going to have to go for it w/ a stop and […]

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Have you ever been in a draw down?

Note the title of this post … I know draw down and it hits you to the core.  The reason I bring this up because, once again, I’m taking a hard look at the USD vs JPY. Why drawdown’s and the YEN? Well, because as a CTA I went into my first draw down – […]

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YEN is about to get really interesting …

CLIFF NOTES: 99.40-99.80 is where we “should” see some support come in … take a review at the charts below.  as you can see we have finished 5 waves up at the 105.40 handle.  (note, see this chart below as the 5th wave was completing we were calling for it) so, since we have finished […]

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the Japanese Yen in charts …

Cliff notes: can “see” why recent YEN weakness has paused and ran into resistance on the charts.  that being said, some MAJOR patterns completing just a little farther away (note: CHFJPY)  Also, note that YEN strength usually shows volatility spiking.  I expect mid-April to be interesting across the entire circle of life. Also, have found […]

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Japanese Yen Advance

I have been following this pattern closely … after an amazing move upward, we have been consolidating in what looks like a multi-month triangle.  From a counting perspective it does fit the  characteristics of a 4th wave so we’ll have to watch it closely for signs of the triangle being complete.  At this point, right […]

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