The "unlocking" of 150 for USDJPY
Sequences and corrections illustrating waves
Buyers had the move and played an exchange with the trap, which despite the length of the combination via covid in 2020, can be expressed in no other terms than; Buyers aiming to setup the ideal position (the cheapest tickets against sellers in an isolated ABC corrective sequence - see 2020 Macro Map). I managed to carry out the deeply laid trap, (although Fed did refute a number of times) since Powell was finally handicapped via Jackson this week, I thought perhaps it is time for an update of my chart. Moreover, I know no other ending in which this precise swing for the "ABC" is more clearly illustrated than in what follows.
This have proceeded as expected so far; Japanisation was already in play and the key idea was Yen dislocation. That has happened up till now and was done solely via risk however with the monetary side entering into play and tapering starting in most likely November, the path has been cleared for the king (dollhair) to receive inflows.
- for those who are not holding any live positions from below the long-term swing is becoming increasingly expensive, invalidation is clearly defined below the 'B' at 101.4x, while taking October 2018 highs 'D' should be enough to "trip the fuse" and trigger momentum towards 125 and 149.3x
- a multi-decade ABC corrective pattern is at stake; this 'C' is a pragmatic demonstration of the lust to expand with a typical 5-3-5 sequence.
Buyers had the move and played an exchange with the trap, which despite the length of the combination via covid in 2020, can be expressed in no other terms than; Buyers aiming to setup the ideal position (the cheapest tickets against sellers in an isolated ABC corrective sequence - see 2020 Macro Map). I managed to carry out the deeply laid trap, (although Fed did refute a number of times) since Powell was finally handicapped via Jackson this week, I thought perhaps it is time for an update of my chart. Moreover, I know no other ending in which this precise swing for the "ABC" is more clearly illustrated than in what follows.
This have proceeded as expected so far; Japanisation was already in play and the key idea was Yen dislocation. That has happened up till now and was done solely via risk however with the monetary side entering into play and tapering starting in most likely November, the path has been cleared for the king (dollhair) to receive inflows.
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