4xForecaster

Bearish Target Nearing ... Support @ 101.631 | $USD $JPY #forex

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FX:USDJPY   Dólar Americano/Iene Japonês
Friends,

Here is a short update:

Since the signal announcement this yesterday, the $Yen plunged gradually, then precipitously towards the forecast TG-1 = 101.631.

This signal followed a preceding bullish signal that say all three targets getting hit consecutively, before we turned to this short-term short opp.

At this point, TG-1 remains in force and intact, as the predictive/forecasting model has not produced any contradictory signal to perturb the current forecast.

The colored arrows in the chart speculate a probable price action path and do not reflect a timing anticipation - Until then, good profits!

Cheers,

David Alcindor
Predictive Analysis & Forecasting
TradingView moderator

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