August 28: Abe's resignation triggers a chaotic market plunge? Reached Analysis Timeframe ① yesterday! Since then, it has been declining!
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Mr. Abe, it seems he will step down.
From one minute before the breaking news, the cross yen dropped sharply ⤵
(I accidentally rode the wave. It turned out all right, but it’s extremely dangerous.)
So when Mr. Abe steps down, will USD/JPY drop for a while?
Before Mr. Abe took office, USD/JPY was in the 70s, and even the stock price hovered at bottom levels.
Personally, I was able to sell the bottom-hanging stocks at a profit, so
I am really grateful to Mr. Abe.
I hope he spends a relaxed retirement.
Yesterday's analysis article.
* Both USD/JPY and GBP/JPY have reached point ①.
Well then, I will analyze USD/JPY and GBP/JPY using the Keikana Line method during European and American time as well.
I wonder how USD/JPY will move?
It will be interesting to see during European and American hours.