Future market outlook, strategies and opportunity currencies (7/17~)
Hello, this is OnePiP Trading@onepipst)
From 7/12, I will outline market forecasts and strategies and look for entry points
Horizontal lines and trend lines are drawn based on the daily chart
I also tweet about profits and other useful things,so pleasefollow Twitter
Table of contents
- USD/JPY
- EUR/USD
- EUR/JPY
- GBP/USD
- GBP/JPY
- Afterword
【USD/JPY】
Trading difficulty B−
Long-term outlook up, short-term slightly down
Within a range
A buying scenario up to around the Fibonacci 76 or a selling scenario up to around Fibonacci 100
Since it’s in a range, either direction could be plausible
4 hours
1 hour
【EUR/USD】
Trading difficulty A−
Long-term up, short-term down
If selling continues, aim for Fibonacci 23 or near the 0 area
If a rebound occurs, follow with a counter-trend buy
Up to Fibonacci 50, 61, or 76
From there, a selling on the rebound is also acceptable
4 hours
1 hour
EUR/JPY】
Trading difficulty B＋
Long-term down, short-term down as well
In a range
If selling continues, attack near the recent low around Fibonacci 100 or below
A buy on a pullback near Fibonacci 61 is also possible
4 hours
1 hour
【GBP/USD】
Trading difficulty A−
Long-term down, short-term down
If selling continues, follow it
Also consider buying on dips as a counter-trend
4 hours
1 hour
【GBP/JPY】
Trading difficulty A−
Long-term down, short-term down
A range-style market with pullbacks and breakout selling
Trade according to the trend by selling
As in the previous market, it may become a range; in that case, buy on pullbacks in the opposite direction
4 hours
1 hour
【Afterword】
The arrows drawn in the image point to the favorable directions
Yellow indicates upward direction
Light blue indicates downward direction
It does not guarantee that price will react or reverse at those levels; it simply indicates a favorable area
However, since arrows point near key levels, please use them as a reference for trading
The arrows may become profit targets or stop-loss points
And likewise, use the lines and Fibonacci as references for profit-taking, stop-loss, and entry points
Every week, I provide market forecasts and strategies on YouTube, and they are generally accurate
What matters is how you apply them to trading and entries
When the market strategy was correct or incorrect, trading methods and mindset change
And please treat entries as a separate matter
