It is my pleasure that I accepted Jamie who is from Austria and teach him some experience of Ichimoku Kinkou Hyou in this year. You can get that he studies so hard that he can always give you some surprise. Just as this time, he tried to analysis one symbol and make me very happy to see a text of book of education.
There is no this symbol with my broker so I never notice this EURNZD. We always herded one sound by someone that Ichimoku Kinkou Hyou is a invention by Japan so it is only connected with Japanese Yen and is not suitable with Europe or USA symbols. Jamie used this sample and proved that is so wrong. Then let’s see the evidence.
This is a day chart with FXCM data from TradingView. The near lowest price is Feb-7-2017, from here, there is 11 waves in bullish market until Dec-30-2017.
In my lesson, I always repeat one word is SPAN fifth. But what is SPAN? SPAN is Spanish. In Ichimoku Sanjin’s second original book, he said SPAN means one worm what is moving, or a bridge with some half circle hole or one rule sometimes you need pick up with between your big finger and the little finger. In fact this means some repeat, as you know, sometimes history always reappears.
We know the basic number 26 is very important in Time theory. And in this chart, we just repeat this number then what we can see?
B is 2 days ago, C is one days ago, F is 2 days ago, G is just, H is just, J is just, M is 2 days ago and O tomorrow is like 2 days ago too.
I noticed both Z and A is bottom, close like a double bottom then we change the start point to A. So from A, repeat number 26 again, then…
I, L, N all is just, and the others are all 2 days ago.
The 11 waves is from A, and AB is the first wave so change start point from A to B again, then…
C is just, F is just, G is just, H is just, J is 2 days ago, M is 2 days ago, and yesterday O is just too.
Is it amazing?
I only can say Wow…
Of cause Jamie with me talk about how is next number 26, but here I do not want explain anything. O is clear supported at SPAN, that is enough!