August 20 (Wed): [Harmonic] Nikkei 225 VS USD/JPY

【This Week's Market Focus Points】

This week's market is likely to be broad and directionless. Of particular note is the USD/JPY, where multiple Harmonic-Pattern drawings occur simultaneously, creating a situation where it could break to either the upside or downside. On the short-term charts, there are signs of upside movement, while on the medium-to-long term charts, there is still room for a bearish scenario, leading to competing scenarios across timeframes. In such a complex situation, it is important to gain hints from short-term price action while not missing the larger reversal signals. The path of how patterns unfold in each market could determine the major trend going forward.

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● Use “The Unraveled Bollinger Bands” to analyze daily charts

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

● Use “The Prescription for Harmonics” to draw a “chart should stop at the stopping point”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

（※The following is for members only.）