【8/6】Entry Point Delivery
※ Entry distribution is all interconnected.
For those who have not read the previous article, understanding will decrease, so we recommend reading in order from [7/29] Entry Point Distribution onward.[7/29] Entry Point Distribution onward.
Also, from today onward these are entry distributions, so the points are typically valid for a few hours to a few days.
【AUDCHF】
▼ Status Check
This position has broken below the weekly resistance band.
Since it dropped sharply, it may consolidate for a while until orders finish, but it’s fine as it is.
Take profit around SL 0.675, or when it returns inside the channel.
《Weekly》
【NZDUSD】
▼ Status Check
The channel has widened a bit.
Also, due to the rebound of the upper wick, a red resistance has appeared.
This makes it possible to enter more accurately within the channel.
Other than thatYesterday's distribution is in the same state.
《4-hour chart》
▼ Entry Pattern 1
Entry at the upper limit of the channel.
As I have been saying,the channel is a parallel line, so prices are not constant, making orders cluster at one point and entry accuracy tends to decline.
Enter once the closing price stays inside the channel.
《1-hour chart》
▼ Entry Pattern 2
Entry at the red resistance.
Since the parallel line keeps price steady, orders tend to cluster at one point, giving a significant advantage for trend-following.
You can enter when it returns to the target level.
《30-minute chart》
【GBPJPY】
▼ Entry Pattern
From the daily to the shorter time frames, the same trend is forming.
Since red resistance is functioning properly,this is the after-the-fact approach.
As long as the move returns without breaking the wave pattern, you can enter.
《15-minute chart》
That is all for today's distribution.
How to take profit, cut losses, and discern whether to skip entries, as well as efficient time-saving methods, will be explained more as more people show strong interest in the market.
If there are any unclear points,
please ask questions there.
If you ask questions, I will explain, so feel free to start a conversation.
