JPYCNY trade ideas

lauralea

Bullish shark that appears to have landed at the 1.113 versus the .886 so some call it an alternate shark. Possible stop under C. No recommendation

lauralea Updated 

M Pattern that appears to have landed at the .886. Possible stop under 19.49 or where you see support. No recommendation

Rykin_Capital Updated 

Early multi degree impulse. Good news for bulls ofcouse, and there is more gas behind it by the looks of it. I am confident that we are going up on this one. I always say this, and I will say it again, nothing I say is financial advice. Think for yourselves! Fibonacci goals in green or purple, invalidation is in red. Fractals never lie and Fibonacci series shows...

lauralea

Possible stop below mid cup which is 15.3288 Pattern only valid at or above long entry level Not a recommendation

lauralea

Possible stop below handle low which is close to mid cup Not a recommendation

lgroff

Keeping track of the strong JPY against major currencies.

lgroff

Keeping track of the strong JPY againts major currencyes.

lauralea

Long with a break out of S Triangle and a clear uptrend Not a recommendation

UnknownUnicorn3382580

An idea. China accounts for the largest share of total exports and imports of Japan.

MitsumeM3

CNYJPY pair the signal to watch for industrial vs precious metals trend.

gamer456148

I suggest a bearup strategy that is tick focused on profitable bidding on the negative correlations for the yen. That means when a wave reaches a low point, it buys and then sales at the positive burst over and over again. Though this has generally been a negative trading pair, there a shorts that are filled with positive correlations that can make this profitable...

JoE Updated 

Yen going to 61.8% and 76.4% very likely. See chart.

JoE Updated 

Until the end of 2016, cheaper Japanese yen against Chinese yuan(aka renminbi) is very unlikely despite it's now out of the previous ascending trend channel. On the other hand, I found a wedge on RSI which indicates that the price would not drop any time soon. It's my first time posting chart on tradingview.com, leave me a comment if you have questions. Thank you!

KlendathuCap Updated 

I think CNYJPY is a risk off indicator that people should pay more attention to, especially if it crosses the 61.8% level.

nikitafx

This is a following-up of CNY/JPY's wedge breakdown. And now it breaks down thru the triangle bottom line, too. the target of wedge breakdown was already met. I am now concerned about the Gap Down which is shown on this Chart. As far as being below the triangle bottom line, CNY/JPY still goes further downward, however be cautous with any movement of filling Gap...

nikitafx

As I had already mentioned that CNY/JPY has Fractal Chart correlation with USD/JPY. As of this Chart, CNY/JPY had its wedge breakdown that would lead into the triangle breakdown,too. The target of the triangle breakdown & the Big H&S target would be almost the same level (16 low ). Therefore USD/JPY is also heading for the same direction into the deep...

nikitafx

CNY/JPY has been keeping its Fractal wave pattern with USD/JPY so far. CNY/JPY has altready broken its mid-term uptrend support line (USD/JPY has not yet....) Therefore USD/JPY will be following CNY/JPY's downward wave C. Nikita FX (climbingfx.jugem.jp )