Future market forecast, strategies and opportunities currency (7/30～)
Hello, this is OnepiTrade (@onepipst）
From 7/30, I would like to forecast the market, build a strategy, and look for entry points
The horizontal lines and trend lines are drawn based on the daily chart
I also tweet about profits and other useful thingsso pleasefollow on Twitter.
Table of contents
- EUR/USD
- AUD/JPY
- EUR/AUD
- Afterword
【EUR/USD】
Trading difficulty A－
Long-term bias is down, and the short-term as well
It is a selling market, but there are moments to buy the retracement
Look for short-term counter-trend opportunities
So I want to enter long after it moves above the MA
Buy on retracements up to Fibonacci 123 or 100
From there, sell on rallies
If retracements are not strong, simply sell
4 hours
1 hour
【AUD/JPY】
Trading difficulty A－
Long-term bias is down, and the short-term as well
4 hours
1 hour
【EUR/AUD】
Trading difficulty A－
Long-term bias is down, short-term is up
In the short term, there is an uptrend
It seems it may pull back a bit, but it could continue higher
If there is a pullback, buy without hesitation if it rises
And since there is a strong uptrend even without a pullback, it might be fine to buy
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
They simply indicate favorable directions; it does not guarantee a response or reversal at that rate
However, since arrows are drawn near key levels, please consider them as references for trading
The arrows may become take-profit or stop-loss points
And please use lines and Fibonacci similarly for take-profit, stop-loss, and entry point references
The weekly market outlook and strategy I publish on YouTube almost always align
The important thing is how you apply that to trading and entries
When the market strategy is correct or incorrect, your trading method and thinking will differ
And again, treat entries as a separate matter
