Weekly USDJPY violent long correct, Gann analysis
Time is the catalyst for every movement in the market. Time is the catalyst for all political issues. Time is the catalyst for all reactions to these time-based events. Everything is a slave to time.
(copied from my Jan 16th idea on BTC and NZD)There are rare events in the markets where you get a smashing of multiple time frames into a small area. These kind of confluence zones cause historical changes in the trend and movement of markets. Sometimes those confluence zones of time effect only the instrument. Sometimes those confluence zones effect only the sector. Sometimes those confluence zones impact the entire financial markets. Every hour, from now (6 PM CST) until February 5th is important. Every hour we get closer to February 5th, the higher the probabilities of violent and powerful moves will be happening.
1. January 31st – This is a new cycle (not a New Moon Cycle) in the lunacy cycle. On the 31st of January, we have a Full Moon. Not only that, its a trifecta of a Super Blue Blood Moon, New Full Moon and Total Lunar Eclipse. All long-term trending markets should face a violent change in trend.
2. January 29th – This is the end and beginning of a major trade cycle for every traded instrument. Trends end here and reverse.
4. Death Zone - a 49-day move (or 7 weeks) is a 'death zone' according to Gann. We have had an uptrend for over 7 weeks on a very tight slope. This time cycle ends blowoffs.
5. February 4th-5th – Gann called out very calendar dates. When he did, he explained their importance in detail. February 4th-5th is exactly 45 days from December 21st-22nd. Extremely important market highs/lows are seen at this time.
We also have bullish divergence on our weekly chart, strong probability for upward moves.
(copied from my Jan 16th idea on BTC and NZD)There are rare events in the markets where you get a smashing of multiple time frames into a small area. These kind of confluence zones cause historical changes in the trend and movement of markets. Sometimes those confluence zones of time effect only the instrument. Sometimes those confluence zones effect only the sector. Sometimes those confluence zones impact the entire financial markets. Every hour, from now (6 PM CST) until February 5th is important. Every hour we get closer to February 5th, the higher the probabilities of violent and powerful moves will be happening.
1. January 31st – This is a new cycle (not a New Moon Cycle) in the lunacy cycle. On the 31st of January, we have a Full Moon. Not only that, its a trifecta of a Super Blue Blood Moon, New Full Moon and Total Lunar Eclipse. All long-term trending markets should face a violent change in trend.
2. January 29th – This is the end and beginning of a major trade cycle for every traded instrument. Trends end here and reverse.
4. Death Zone - a 49-day move (or 7 weeks) is a 'death zone' according to Gann. We have had an uptrend for over 7 weeks on a very tight slope. This time cycle ends blowoffs.
5. February 4th-5th – Gann called out very calendar dates. When he did, he explained their importance in detail. February 4th-5th is exactly 45 days from December 21st-22nd. Extremely important market highs/lows are seen at this time.
We also have bullish divergence on our weekly chart, strong probability for upward moves.