July 9 (Wed): [Harmonic] Nikkei 225 vs. Dollar/Yen

【This Week’s Market Focus Points】

This week, both the Dollar/Yen and the Nikkei 225 show multiple harmonics on various timeframes, with reversal points approaching. In particular, the Dollar/Yen is contending around the PRZ near the Gartley on the weekly chart ⇧ and the Deep Crab on the daily chart ⇩, with the potential for a rapid move.

The Nikkei 225 also shows a new Shark ⇩ on the 1-hour chart, and the Deep Crab ⇩ on the 4-hour chart seems to be aiming for the take-profit zone, likely continuing this pattern.

Considering the movements of the US 10-year yield and GOLD, the big picture is to remain mindful of a bearish bias while preparing for a reversal scenario. This week, clearly identify PRZ and the integrity of the wave patterns.

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

If you are not yet registered, please join from here ↓ 

● Use “The Deconstruction 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 Zone where the chart should stop at the exact point it should stopZoneon the chart!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

（※The following is for members only.）