This is a 1-day time-series based analysis on GBP.JPY.
A continuation of the chart I made October 21st, 2019.
Please start here at Pt 1.
Press Play.
The Cajun Cups are complex cup and handle formations. We are going to repeat 2008, but inverted due to GBP weakness between JPY and USD strength. If all goes as planned. GBP weakness will be the cause of a strong USD and JPY.
DXY strength:
GBP weakness against the USD:
I will take one snapshot a day and adhere to Time-Series Format.
Chances are we do not follow the path provided exactly. But structurally we will adhere to something similar. The modeled fractal is a guideline.
We are on the cusp of the 4th industrial revolution. The cybernetic era of advancement.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.