Beyond 122, the 25 year bear market is over. As long as above).
Comments
jangseohee
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you could be right that a break of 122 means USD will rally more
YaKa
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Jang, 122 much more dramatic than this for the long term, watch this.
YaKa
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this could be a point of long term decision.
YaKa
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testing that line a few times over a few weeks is probably in the cards.. that's why i belive we go back to it.
jangseohee
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could it be a false break up?
YaKa
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well the line is not broken yet - so for the moment no breakout...
if it crosses than we can start to speculate about the truth of the move...
right now: i believe retest now or later...
markets are in bull mood after all..
jangseohee
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from weekly all the way down to 4 hour it is still in triangle because
Yen is doing exactly the same thing
IvanLabrie
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IvanLabrie
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Ode to jangseohee and his channels, with lowest high/highest low lines.
jangseohee
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Mucha Gracias Ivan,
if the steep uptrend is broken... it could plunge.. until then