November 14 (Fri): [Bollinger Bands] Nikkei 225 vs. Bitcoin

【This Week's Market Key Points】

This week's market is at a very important turning point.

Bitcoin, which leads the four major US indices, shows no clear rising wave from the monthly to the 4-hour chart, and signs of a reversal are becoming evident. The main scenario is a MA reversion from the monthly closing state, and it is crucial whether it breaks below -2σ on the weekly chart.

The Nikkei 225 has formed a bearish candlestick on the daily chart and is in a period of time adjustment with sideways movement. It is at a crossroads whether it will rise supported by an upward-moving average or fall to -2σ in a 1:1 N wave. Of particular note is tomorrow's price action. If tomorrow's close forms a weekly bearish candle, a synthetic Pin-bar will be confirmed and a reversal downward will be favored; if it is bullish, the possibility of a synthetic Pin-bar being negated exists.

Furthermore, if GOLD rises significantly in the future, the four major US indices and the Nikkei 225 may decline substantially in an inverse correlation, so it is important to observe the correlation. Please check the detailed analysis in the paid section.

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

If you have not registered yet, please go here ↓ 

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

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

● Use “The Prescription of Harmonics” to draw a “Chart should stop at the point it should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

（※Below is for members only。）