YEN / EURO

I sold almost all of my Bitcoins and went short. Just remembered some old words...

(Stop Loss @ 0.00855) equal to Support Area, less than than means price action enters bear market. (Take Profit @ 0.00864) inside the wedge, as my trade setup is Risk/Reward Ratio 4.66

(Stop Loss @ 0.00855) equal to Support Area, less than than means price action enters bear market. (Take Profit @ 0.00845) inside the wedge, as my trade setup is Reward Risk Ratio 3:1.

Euro is starting January with a selective middle ground. Great against weaker currencies like USD and GBP and weak against stronger ones like AUD, CAD, NZD. Euro is practically nowhere with Yen. Great for range trades but sticking with EURUSD EURGBP as longs and shorting Euro with AUD/CAD/NZD.

https://www.tradingview.com/x/YulW6REi/

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This is a Trade-Weighted Index for All Major Currencies (Not just pairs). It may say "AUDJPY...." or you may see pairs..but this is actually formulas of formulas... (1) They can be analyzed individually by looking at the direction each are moving and then deciding which pair is best to trade. You may have thought about buying AUDNZD, but as you can see....NZF ...

This is a trade-weighted index that I painstakingly put together by going to several central banks. It measures the "Yen" across the board of currencies; and not just USDJPY or JPYUSD. There is room for improvement...but it is working so far. It tells me that the Yen is flat and that the trend hasn't changed yet. The numbers on here do not matter...just what ...