Kumo Trader Ichimoku Forum
Analysis
»
Forex
»
Japanese Yen Index is on Catapult
Username:
1 Hour
1 Day
1 Week
1 Month
Forever
Password:
Home
Help
Advanced Search
[Close]
Login
Register
Pages: [
1
]
Go Down
« previous
next »
Print
Author
Topic: Japanese Yen Index is on Catapult (Read 383 times)
0 Members and 1 Guest are viewing this topic.
Amy
Full Member
Offline
Posts: 109
Japanese Yen Index is on Catapult
«
on:
August 05, 2010, 11:17:59 PM »
Hi everybody,
Pay attention to this index, which makes a very bullish pattern called Catapult, which is a double top lies on a broader previous top.
There is still a risk of shakeout in the Yen, but I would be very catious now with longs on yen pairs.
One remark: EURJPY made a bullish divergence on weekly TF, which implies the end of a shallow wave 5 and beginning of correction (long on the pair).
If you wish to follow the index you may find it either at stockcharts.com or finviz.com on Futures link. I would say that confirmation of breakout of the index must be at least 2 boxes over the last top, i.e 120.
LUCK
Logged
sunman4008
Ichimoku Analyst
Administrator
Hero Member
Offline
Posts: 571
Re: Japanese Yen Index is on Catapult
«
Reply #1 on:
August 11, 2010, 11:05:56 AM »
Hello,
Interesting point and figure charting.....
-Manesh
Logged
Pages: [
1
]
Go Up
Print
« previous
next »
Jump to:
Please select a destination:
-----------------------------
Ichimoku Kinko Hyo
-----------------------------
=> Ichimoku Book Q&A
===> The Kumo
=====> Kumo Shadows
===> Tenkan Sen
===> Kijun Sen
===> Senkou Span A
===> Senkou Span B
=> Ichimoku Trading Strategies
===> Tenkan Sen/Kijun Sen Cross
===> Kijun Sen Cross
===> Kumo Breakout
===> Senkou Span Cross
===> Chikou Span Cross
-----------------------------
Analysis
-----------------------------
=> Forex
===> The Forex Market - Non Ichimoku
=> Stocks
=> Futures
-----------------------------
Education/Training
-----------------------------
=> Video
=> General
Loading...