Future Market Strategy (6/26～)
Hello, this is Onepip Trade (@onepipst）
I would like to review the week's market moves
There are also profits and other useful thingsposted as tweets, soplease follow us on Twitter.
Table of contents
- Dollar/Yen (USD/JPY)
- Euro/Dollar (EUR/USD)
- Euro/Yen (EUR/JPY)
- Pound/Dollar (GBP/USD)
- Pound/Yen (GBP/JPY)
- Afterword
【Dollar/Yen (USDJPY)】
Trade difficulty: B
Long-term outlook is downward
Fibonacci around 120 to 130 range
There are lines drawn above and below, so please make use of them
4-hour chart
1-hour
【Euro/Dollar (EURUSD)】
Trading difficulty: A
Long-term outlook is upward
There might be a pullback, so Fibonacci down to 100, 76 retracement
And focus on lines around those levels
It might continue rising straightforwardly, or form a chart pattern near a top that signals a reversal
4-hour
1-hour
Euro/Yen (EURJPY)】
Trading difficulty: B
Long-term outlook is downward
Rise from around Fibonacci 61 or fall
If it rises, upper price might be capped around 5, forming a right shoulder and other chart patterns leading to a decline
Or it could continue to make new highs and rise
If it falls from 61, it may create waves like an arrow, with a rebound and decline
4-hour
1-hour
【Pound/Dollar (GBP/USD)】
Trading difficulty: C
Long-term outlook is downward
There is a possibility of selling further toward Fibonacci 100 or below
A pullback to around 76 followed by a decline is also possible
If it rises, it is safer to be above the 4-hour MA
However, be wary of selling as described above
4-hour
1-hour
【Pound/Yen (GBPJPY)】
Trading difficulty: A
Long-term outlook is downward
Range trading is possible
Fibonacci 120, 100, the line above that, and the 70 range for range trading
Bearish breakout trading is possible
4-hour
1-hour
【Afterword】
The arrows drawn in the image indicate the favorable direction
Yellow indicates upward direction
Light blue indicates downward direction
It only indicates a directional advantage, not that the rate will definitely react or rebound at that level
Our market outlook and strategy on YouTube every week generally align
What matters is how to apply that to trading and entries
When market strategy was correct or incorrect, the way of trading and thinking may differ
And please consider entries as a separate matter
