cryptcowboy

#Yen weekly chart update !

Long
CME_MINI:J71!   Japanese Yen E-mini Futures
The futures chart suggests we are very close to be breaking out of a 4 year consolidation ( in this case barrier triangle ) in the price of Yen. This move should last aprox 2 years ( i am looking for wave equality of C vs A) , which looking at the macro global picture means that we should be getting ready for a period of strong risk averse sentiment , turbulent equity markets and overall defense style approaches. The catalyst for this remains to be seen, but the charts are telling you this before it happens. Buckle up !!
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