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.}
Showing posts with label Contracting Triangle. Show all posts
Showing posts with label Contracting Triangle. Show all posts

Wednesday, October 2, 2013

USDJPY close to finishing a major Contracting Triangle

The finish of the Ending Diagonal depicted in the chart at right, marks the end of the (ZZ) depicted in the chart at left, which then marks the end of the Primary degree Contracting Triangle.

Friday, September 20, 2013

USPJPY entering a potential 3rd of a 3rd of a 3rd

Chart #1 Multi Month / Multi Year Perspective
Chart #2 Multi Month Perspective
Chart #3 Multi Day / Intra Day Perspective

Tuesday, September 17, 2013

Friday, September 13, 2013

USDJPY nears epic turning point

Contracting Triangle final wave E is in its 3rd and final wave.  Rally will follow for as long as it took the CT to complete.

Friday, September 6, 2013

EURUSD Ripe for Major Rally


Expecting price to rally upward out of the khaki target box shown and
never looking back (for several months anyway).









USDJPY Two Scenarios


Slight dip ahead followed by a climb above 100.20
(likely to the 102-106 price area)

Tuesday, September 3, 2013

USDJPY Breaking out of a Contracting Triangle to the Upside

USDJPY has just broken the upper channel line of a Contracting Triangle.  Looking for explosive move to the upside over the next several months.