Don't have time to post a chart, but the USDJPY will likely print a DeMark TD Combination™ 13 buy signal on the daily chart today (will if it closes lower than Thursday's close) and it just printed a TD Sequential™ buy signal (Perl's settings) in the hourly. It is at the .618 retrace of the leg up from the Trump election low, and this decline down from the Dec 2016 high appears to be a completed A-B-C retrace in which the range of A = the range of C. It is also in the window for a Hurst analysis 40 week low, and it is at the time when the duration of leg c = .618 of leg a.
USDJPY is often inverse to gold, and a pivot here has implications for both the dollar index and the Euro
ATB
Geo
Edited by Geomean, 17 April 2017 - 09:06 AM.
