Future market outlook, strategies and opportunity currencies (7/26~)
Hello, this is OnePiece Trade (@onepipst)
From 7/26, I plan to outline market forecasts, develop strategies, and look for entry points
I base horizontal lines and trendlines on the daily chart
I also tweet about profits and other useful things,so pleasefollow on Twitter.
Table of Contents
- Gold
- Afterword
【Gold】
Trading difficulty A-
Long-term view is downward, short-term as well
It’s a selling market, but there are moments where I want to buy the pullback
Look for short-term retracements to target counter-trend entries
So I want to hop over the MA and then take long entries
However, if the candle is below the MA on the higher time frame, and seems to rebound, don’t hesitate to exit
Then re-enter on the pullback
With this repetition, a substantial profit can be expected in this market
4 hours
1 hour
30 minutes
15 minutes
5 minutes
【Afterword】
The arrows drawn in the image indicate the advantageous directions
Yellow indicates upward direction
Light blue indicates downward direction
It doesn’t guarantee that the price will react or rebound at those directions, it only indicates there is an advantage in that direction
However, since arrows are drawn near key levels, please use them as a reference for trading
The arrows may become take-profit or stop-loss points
And likewise, use lines and Fibonacci for take-profit, stop-loss, and entry reference
Our market forecasts and strategies shown on YouTube weekly generally correspond to the actual trends
What matters is how you apply them to trading and entries
When the market strategy matched or did not match, your trading approach and thinking will differ
And please treat entries as a separate matter