USD/JPY: Cup & Handle?Hi Guys,
very simple.
Remember this CUP in GOLD? It was March 27th. Click & Play to unfold.
UJ and Gold are inversely correlated in their moves but they unfold similar patters in different timeframes.
Would it be possible for UJ to unfold the same move made by GOLD? What should happen to take it to 124?
Letters e) and g) fin the following snapshot
Just for further information and easy reference please find below the CUP in Gold from different perspectives on April 13th, April 23rd and June 27th.
Please share your view and for additional infos about UJ have a look to the related ideas linked at the end of this post.
If you have any questions or comment to add please do not hesitate to post it.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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