Future market outlook, strategies and opportunities currency (from 8/13)
Hello, this is One Piece Trade@onepipst)
From 8/13, I would like to forecast the market, plan strategies, and find entry points
Horizontal lines and trendlines are drawn based on daily charts
I also tweet about profits and other helpful thingsso pleasefollow 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
【USDJPY】
Trade difficulty A-
Long-term outlook is bearish, short-term also bearish
Selling on rallies is effective
There is still room to fall toward the flash crash lows, so there is a possibility of selling
If the short-term MA breaks below, you might sell
On the other hand, if buying, buy with the arrow's image in mind
4 hours
1 hour
【EURUSD】
Trade difficulty B-
Long-term outlook is bearish, short-term is bullish
Currently trading in a range near the recent highs
A range trade can be done here for now, but soon there may be a breakout in one direction
Follow the breakout direction
4 hours
1 hour
EURJPY】
Trade difficulty B-
Long-term bearish, short-term also bearish
The market is strongly bearish
Whether it will continue to the lows or make a pullback first
It may pull back briefly, but beware of selling
4 hours
1 hour
GBPUSD (Pound/Dollar)
Trade difficulty A-
Long-term bearish, short-term also bearish
Still a strong selling market
Selling on rallies is effective
Consider selling to recent lows or a breakout below
As a counter-trend, aim to ride the retrace
And target the previous range
4 hours
1 hour
GBPJPY (Pound/Yen)
Trade difficulty A-
Long-term bearish, short-term also bearish
Like GBPUSD, selling remains strong
Selling on rallies is effective
Consider lows or a breakout below recent lows
As a counter-trend, aim to ride the retrace
Retracements toward around 100% or 76% Fibonacci levels
4 hours
1 hour
【Afterword】
The arrows drawn in the image indicate the favorable direction
Yellow is upward
Light blue is downward
It does not guarantee hitting those levels or exact reactions, only that there is an advantage in that direction
However, near those key levels, the arrows may guide trading decisions, so please use as a reference
The arrows may indicate take-profit or stop-loss levels
And likewise, use the lines and Fibonacci for take-profit, stop-loss, and entry references
Weekly market forecasts and strategies are posted on YouTube, and they are generally accurate
What matters is how you apply them to trading and entries
When market strategies match or mismatch, your trading method and thinking will differ
And please consider entries as something separate