ICFX

Japanese Yen´s impulsive repetetive moves

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TVC:JXY   日元指数
Gann square projection for JXY. As you see, Japanese yen (JXY), just as DXY repeats the patterns from the past, each time doing a bigger impulsive wave. Its clear enough that we can kepp going short on XXXJPY pairs as JPY is going only to strengthen. There will be small pullbacks when you can go long on XXXJPY instruments but shorting XXXJPY pairs is much safer until Yen reaches the top.

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