JPYX. P-Modeling Pt 1. The Shadow Eyes of CajunWelcome Hyperspace Travelers.
The eye of Cajun sees JPYX getting help from the 10Y in order to prep for SPX JGB JPYUSD VIX weight transference using Kinetic Energy Distributions.
The currency index is at 837.7 with a probability distribution that expands the lower levels down to 687.00.
This equates into longing USDJPY until 147.00 and playing a 4 cubic retrace at each new E value.
Long Swing Trade
USD/JPY
Entry: 133.xxx
TP1: 141.2
TP2: 143.5
TP3: 146.8
As well as playing the long movement that has gathered immense scrutiny.
I will attempt to nail the 4x cubit retrace defined at each new E.
Unfolded.
The incoming movement stringed segmentations will yield thousands of pips up until EOY.
Thanks for Pondering the Unknown with Me,
Glitch420
JPYX
📈 $DXY & $JPYX are on the rise [🔻$MSTR, $BTC, $EURX, $CNYU]We all know the drill, if $DXY is moving up, more speculative assets like $BTC and other #crypto #altcoins will trend down. Pressure is on as $DXY aims to reclaim the lost ground between 108/109 as the EU traders move to exit and US pre-market gets their ☕️'s brewing.
If we push back through to 109 and past 109.5, I expect to add onto my short $CRO positions and sell more of my $MSTR when pre-market opens for the day. We've been rejected at a few too many key levels for my $LONG comfortzone this week. If, and only if we can recover 21500 $BTC and then 21800 BTC with strong volume, will i look at switch bullish and slowly accumulate LONG positions between 21400-21700 with a target of 22400 to exit.
I'm targetting an initial 25% exit for my $CRO short position at .1233, with a reversal and initial 25% LONG position starting at .1205.
We very very very well might go lower though, so my expectation is to keep my DCA range tight. The volatility is going to be insane going into the first 2 weeks of September! Gooooo #ETH (consensus layer merge!)
If $DXY retraces during the US Brinks (pre-premarket) though, watch for the fakeout! THere's a lot of pressure building up (volume), the moves will likely be fast.
JPYXJPYX is in a strong downtrend, you can see I have used the rvi indicator and noticed huge levels of divergence, this is a different reading on the indicator to what price is doing, so an example in this chart is the lower high in price and the higher high on the indicator, these are subtle signs that there is disturbance inbound, these divergences can often lead to good profits, so check it for yourself. The price action looks great currently with the MA8 trending under the MA89 signalling a downtrend, price has returned to the MA89 and given us divergences and sell signals on the indicator, so now our check list for entry is growing, we then take a look as oil price and notice the strong rallies in recent days, if oil continues to climb the JPY will likely lose more value, Personally I think the Japanese are waiting for US rate hikes to brind down the demand for the oil, in doing so this could see JPY make a strong bounce back. However in current conditions the JPY looks weak, so I believe to look for buys in yen crosses, and look for more long opportunities in oil if they present themselves.





