This week's outlook
Hello, this is Black Cat 5x5.
Last week, the GBPAUD that had been on standby started cleanly at the beginning of the week, achieved 100 pips with the 503 method (on the upside).
With the 503 methodas you can see at a glance, if you had entered, you would have achieved 100 pips!by now.
By looking at the places you should watch, you can understand the direction of the trend. Now the USD/JPY is biased upward. If it changes to downward, and you entered a long on the upside, be sure to place a stop loss.
★ This week
This week, it remains similar to last week, with a trend still a bit aimed higher.
The chart is set up to reach into the 159.800 range, but afterward I sense another large intervention may come. I think the decline could be about the same length as before, so if it falls sharply there may be no significant retracement, so be careful.
P.S. as last week, I will leave a note toward the end!!!
If you just look back at the charts, you can immediately see that the 503 method achieves 100 pips!
The 503 method is not limited to event markets—it can target 100 pips even in normal times, so I think there is no need to force participation during events. If you enter at the usual entry point, there are times when price briefly retreats beyond the target level, so you should keep your entry points and stop-loss ranges a bit wider than usual.
⇧, I have also proven what I wrote before.
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Well then,
This week’s 503 methods for currency pairs.(We list relatively lower-valued currency pairs first.)
NZDJPY AUDJPY CADJPY USDJPY EURJPY CHFJPY GBPJPY | 〇 〇 △ △ 〇 × × | AUDCHF CADCHF AUDUSD NZDUSD AUDCAD AUDNZD | △ △ △ 〇 △ △ | EURGBP EURCHF EURUSD EURCAD EURAUD EURNZD | × × 〇 × 〇 〇 | GBPCHF GBPCAD GBPAUD GBPUSD GBPNZD USDCHF USDCAD | × × △ 〇 × × × |