October 8 (Wednesday): [Bollinger Bands] Nikkei 225 VS USD/JPY

【This Week's Market Highlights】

This week's market is at a stage where signs of an important turning point are visible within an uptrend.

The Nikkei 225 is forming a bearish candlestick today, and if it closes below the midpoint of the previous day's bullish candlestick, it will become a “gapping reversal” and may develop into a daily close state → MA regression. The monthly downward divergence is likely to dissipate if MACD rises strongly, but this “gap reversal” is the only sign drawing attention as a potential reversal.

The USD/JPY is in an uptrend in the daily chart【expansion】, but if it declines toward the vicinity of the weekly MA, the monthly MA could turn downward.

U.S. major four indices move in a mixed fashion, making judgment difficult, and Bitcoin, like the Nikkei 225, is forming a bearish candlestick from an expansion, and if a composite Pin-bar forms, a potential reversal to the downside arises.

The focus is on the trend of the Nikkei 225 and USD/JPY with a positive correlation and the possibility of a temporary pullback. Detailed scenario analysis and the probabilities of rise/fall for each asset are available in the paid section.

➥The continuation is explained in detail in a members-only report.

If you have not registered yet, please join from here ↓ 

● Use the “Decomposition of the Bollinger Bands” to analyze daily charts

https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside

● Use the “Harmonic Prescriptions” to draw a zone where the chart should stop at a stopping pointZoneand try it!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

(※The following is restricted to members.)