Color Scheme of the Charts to Differentiate the Various Wave Degrees is:
{ Supercycle / Cycle / Primary / Intermediate / Minor }
{By clicking on any chart, it will enlarge for ease of viewing. Commentary at the top of each chart is more easily read, also.}

Thursday, September 5, 2013

USDJPY Still stuck in the Contracting Triangle but not for long.

Small move down, then up, then a slightly larger move down again before the major uptrend resumes and the major Contracting Triangle exerts its powerful thrust to the upside.  Blue line in the 3rd chart shows this expected future price action as a crude estimate.

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