📉 On the daily timeframe, price action confirms a potential start of a new bearish cycle.
🔄 Previous Cycle Breakdown:
Phase 3 (Impulsive Downtrend):
📅 Jan 8 → Mar 6
⏱️ ~41 daily candles
Phase 6 (Correction):
📅 Mar 6 → Mar 30
⏱️ ~20 daily candles
Phase 9 (Distribution/Exhaustion):
📅 ~16 daily candles, ending Apr 21
This marked the completion of a full cycle, triggering a shift in behavior.
🔁 What happened next?
A Reaccumulation / Manipulation phase began immediately after the cycle ended — which is normal after full cycle completion.
This reaccumulation lasted around 62 daily candles, building up pressure and liquidity.
> 80% of market movement is corrective or consolidative.
Only 20% (or less) is pure trend.
If you’re only looking for trends, you’re missing the actual map.
⚠️ Current Outlook: on the 1hr timeframe
As we now enter the final time pivot of the month — specifically beginning July 22 at 16:00 —
the market is signaling the start of a new Phase 3 (bearish impulsive wave).
usd/jpy may reach 141.453 before 1st of August.
I think this is the time to sell usd , or buy any other currencies or metal against usd
What’s your view? Are you trading with time or against it?
🔄 Previous Cycle Breakdown:
Phase 3 (Impulsive Downtrend):
📅 Jan 8 → Mar 6
⏱️ ~41 daily candles
Phase 6 (Correction):
📅 Mar 6 → Mar 30
⏱️ ~20 daily candles
Phase 9 (Distribution/Exhaustion):
📅 ~16 daily candles, ending Apr 21
This marked the completion of a full cycle, triggering a shift in behavior.
🔁 What happened next?
A Reaccumulation / Manipulation phase began immediately after the cycle ended — which is normal after full cycle completion.
This reaccumulation lasted around 62 daily candles, building up pressure and liquidity.
> 80% of market movement is corrective or consolidative.
Only 20% (or less) is pure trend.
If you’re only looking for trends, you’re missing the actual map.
⚠️ Current Outlook: on the 1hr timeframe
As we now enter the final time pivot of the month — specifically beginning July 22 at 16:00 —
the market is signaling the start of a new Phase 3 (bearish impulsive wave).
usd/jpy may reach 141.453 before 1st of August.
I think this is the time to sell usd , or buy any other currencies or metal against usd
What’s your view? Are you trading with time or against it?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.