November 19 (Wednesday): [Bollinger Bands] Nikkei 225 vs USD/JPY

【This Week's Market Focus Points】

This week's market is expected to feature a clash between short-term consolidation and medium-term upside potential.

Dollar/Yen on the daily chart is likely to show a reversal and decline from a strong resistance band, while on the weekly chart the trend channel remains in effect, leaving room for upside.

Nikkei 225 on the daily chart has a slight advantage for a rebound after reaching -2σ, but if the major U.S. indices expand into an expansion, downside pressure could strengthen again.

Bitcoin's movements also influence the overall market, so attention is on whether it shifts from a closed state to a mean-reversion (MA regression).

With multiple timeframes showing different scenarios in play, this week it is important not to be swayed by short-term swings, but to carefully confirm the overall trend.

➥For further details, see the members-only report.

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

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

● Use “The Harmonics Prescription” to draw a Zone where charts should stop, with the idea that “charts stop at points where they should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

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