nikitafx
Short

USD/JPY Situation Chart (Nikita FX )

FX:USDJPY   U.S. Dollar/Japanese Yen
551 0 0
This Chart shows how USD/JPY             reacts along these important 4 Lines:
1. --79.75--101.67 Line( Wolfe Line) is now Strongest Resistance Line and making bearish Green Flag
which was already broken down.(its target: 114.48 has not yet met )

2. --160.20--147.66 Line (ex-Longest Resistance Line) is now acting as Minor-Resistance Line (That's
why Triangle (looks like) consolidation continued. If Closing above this Line, it goes the Flag bottom
line.

3. --77.43--101.50 Line is Final supportive upward Trend Line , however it won't work after Crossing with
No.2 Line (approx. Mid-Jan. 2016)

4. --147.66--124.13 Line was turned into Strongest Supportive Line in case of breakdown thru No. 3 Line.

Therefore Time is ticking....eg. If we won't have 3rd BOJ easing on Halloween (this year), or US's QE4,
USD/JPY             is going deep into the No. 4 Abyss zone and Global Equity (& S&P500             etc.) will be Crashed.

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