May 7 (Wed): [Harmonic] Nikkei 225 VS Dollar-Yen
This time
“USD/JPY”
will be compared with
【This Week's Market Focus】
The focus this week is on the turning points indicated by the harmonic patterns of USD/JPY and the Nikkei 225.
In the weekly chart, a Gartley pattern has formed with an approaching PRZ, but on the daily chart there is concern that the Deep Crab pattern may not be completed. In particular, Point C may fall below Point A, making the pattern’s validity a point of attention.
Meanwhile, the Nikkei 225 has newly drawn a Shark pattern on the 1-hour chart, and reaching the PRZ is anticipated, but the possibility of continued decline cannot be ruled out. These movements are important factors that could influence the future market direction, so careful observation is required.
➥The continuation is explained in detail in a members-only report.
If you have not registered yet, please click here ↓
● Analyze daily charts using “The Anatomy of Bollinger Bands”
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 the stopping pointZone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(※The following is for members only。)