This shows how USD/JPY's reversal point (TP 1) & Reversal Zone worked as my prediction.
We will reach the Trend Line very soon (maybe it will plunge down to the Trend Line on Oct. 23/26).
At that time it won't breach.
On Oct. 30, BOJ's QE3 won't come, however they will anounce something better in order to hold
USD/JPY's Trend Line (for a while).
Yellow Channel bottom line & descending resistance line will cross during Nov.16--18 at the level
of H&S neckline. I think USD/JPY is going to accomplish its huge H&S breakdown on those days.
Nikita FX (climbingfx.jugem.jp/ )
We will reach the Trend Line very soon (maybe it will plunge down to the Trend Line on Oct. 23/26).
At that time it won't breach.
On Oct. 30, BOJ's QE3 won't come, however they will anounce something better in order to hold
USD/JPY's Trend Line (for a while).
Yellow Channel bottom line & descending resistance line will cross during Nov.16--18 at the level
of H&S neckline. I think USD/JPY is going to accomplish its huge H&S breakdown on those days.
Nikita FX (climbingfx.jugem.jp/ )