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GWaves
Aug 24, 2017 9:23 AM

USDJPY | Gwave Matrix | Model Defines Targets Long

FX:USDJPY240
U.S. Dollar/Japanese YenFXCM

Description

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Look for price to adhere to the Gwaves placed on the chart as it makes its way towards the Quantitative Targets (TG 1,2, etc.)

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USDJPY remains bound to the red Gwaves. A break out would give a directional signal.

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The Pink Box is the projected target for this pair

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USDJPY broke out of the Red Gwave matrix. Now we must test the top of the dark red Gwave as support before continuing up.

Market should move fairly quickly here.

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Gwave Support Hit. Time to launch?

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Support held twice, I'd say its time to launch.

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IMPORTANT UPDATE!



Targets have been updated with probability and potential landing spots.

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TG 1 hit

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TG 2 hit
FractalWolfe WaveUSDJPYUSDjpyyenDXYgwavegwaves
Comments
leharman
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Freakin amazing!!!
GWaves
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@leharman, Thanks Harman!
JayaTomo
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Your chart make me confused. But I'm agree with your target.
GWaves
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@JayaTomo, Its a lot to take in I know. Basically, price is stuck in the bright and dark red Gwaves. Once it breaks out, it will hit the targets within the Black Gwaves. The blue Gwaves tells us when it will hit those targets based on where all of the lines cross one another. It's not an exact science, but it works.
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