lapin_eliott

the geometrical configuration is clear on monthly, not on weekly

Short
lapin_eliott Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
the downtrend of usdjpy started in december but the monthly BB were not geometricaly prepared for such a move and the usdjpy curve met a rising LBB too fast, the correction from 104 was inevitable. the only thing we had to check was the geometrical configuration of the MM and the LBB when usdjpy will meet the MM. so far it is geometricaly perfect with a MM making a maximum with a zero derivative and usdjpy touching just slightly. the LBB is then forced to horizontal and then the necessary energy to push it downward is now minimal. usdjpy is in a very good geometrical configuration for downward. unfortunately a zoom on weekly time frame shows that the MM is still in a chaotic shape, not prefectly fitted for downward, having still potential energy for upward. this war between monthly and weekly configurations explains the extreme boredness on usdjpy making endless sideways moves, it is inevitable to dissipate the remaining upward energy on weekly time frame, before the monthly and weekly time frame converge toward the same situation : downard only
Comment:
with usdjpy above its monthly MM we need to freeze everything, this is far too dangerous to short right now
Comment:
warning, the geomerical trap set by big players is ready, the recent surge on usdjpy hasn't changed at all the curvature on monthly, the BB and MM are set and ready now,everything before was to condition psychologically the market to a fake bullish sentiment to attract buyers. will people were partying over a short live bullish usdjpy market nobody noticed how big players were shaping step by step he BB, now it is too late for bulls to realize what just happened
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