aibek

Yen (JPY): Another downside leg is pending (USD rise Yen fall)

FX_IDC:JPYUSD   Japanese Yen / US Dollar
84 1 4
Last leg down in inverse pair JPY/USD             is in progress, then massive yen buy is expected (stocks down)
Not so sure about this.
The move has been drastic enough to make Robert Pretcher himself think that the stocks have topped (and also Glenn Neely).
I've done my homework and I think it's actually the case, based on my time at mode signals and rgmov. (Not experienced enough to do use EW counts as main tool)
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