【Dollar/Yen】Ichimoku Cloud - Nine-Week Chart Confirmation_21080820
This article is based on the "Nine-Week Chart" concept from the Ichimoku Kinko Hyo Weekly Edition to track the USD/JPY weekly chart. For the basics of the nine-week chart, please refer to the following.
■ Ichimoku Kinko Hyo Official Website - Original text for sale
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■ Ichimoku Kinko Hyo 2014 year 11 month Study Session Part 1: “Original Text Tour – Weekly Edition …9 weeks and how to interpret the mid-price line” Digest
https://www.youtube.com/watch?v=Kfw05Lc3y1g&index=9&t=0s&list=PL1337E09A66BCE968
<2018 year 8 month 13 day weekly chart: USD/JPY (top: nine-week chart, bottom: weekly chart)
Currently, it has rebounded from the 17th bearish leg and turned bullish for 17 days; last week it turned bearish. Note that the future nine-week opening prices are as follows. These opening prices are forward-looking and help anticipate the continuation or turning points of the nine-week chart.
Week of August 20 day: 109.83 yen
Week of August 27 day: 110.64 yen
Week of September 03 day: 110.41 yen
Week of September 10 day: 112.18 yen
Week of September 17 day: 111.35 yen
Week of September 24 day: 110.91 yen
Week of October 01 day: 111.21 yen
Week of October 08 day: 110.44 yen
Week of October 15 day: 110.58 yen
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