In this long video, I go through USD/JPY short idea in 2 parts:
Part 1: Detailed Technical Analysis and Elliott Waves
1. Head and shoulders - daily
2. Completion of Elliott Waves
3. Breaking down of A-B-C
4. Measurement rules on profit targets.
Part 2: USDJPY as a product (characteristics)
1. It's a flight-to-safety product similar to Gold
2. thus also a short equity markets product.
2. It is a short dollar product.
Part 1: Detailed Technical Analysis and Elliott Waves
1. Head and shoulders - daily
2. Completion of Elliott Waves
3. Breaking down of A-B-C
4. Measurement rules on profit targets.
Part 2: USDJPY as a product (characteristics)
1. It's a flight-to-safety product similar to Gold
2. thus also a short equity markets product.
2. It is a short dollar product.
Disclaimer
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.
Disclaimer
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.