BitcoinMacro

Big yen devaluation coming

Long
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
The chart is looking explosive across all timeframes. USDJPY looks ready to move significantly higher, and the impulse could be quite strong. Although this triple top could end up being a trap once the market sweeps the highs, I have a hard time imagining that the market will stop soon and reverse given its structure.

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