Future market outlook, strategies & opportunities currencies (from 8/15 ~)
Hello, this is One-Pip Trade (@onepipst）
From 8/15, I plan to forecast the market, devise strategies, and look for entry points
I draw horizontal lines and trend lines based on the daily chart
I also tweet about profits and other useful things, soplease follow Twitter
Table of contents
- Dollar/Yen (USD/JPY)
- Euro/Dollar (EUR/USD)
- Afterword
【USDJPY】
Trading difficulty: B－
Long-term outlook is down, short-term as well
If the 4-hour short-term moving average is broken to the upside, there is a high possibility of a rise
it may be headed toward a trend reversal in the future
so it might be okay to go long
Conversely, if selling accelerates, it may test lower prices again
4 hours
1 hour
EUR/USD
Trading difficulty: A－
Long-term outlook is down, short-term as well
A selling-on-rallies market
Whether it breaks below the neck line and comes back to test the rally, or continues to make new lows
If it comes back up, consider contrarian buys up to the Fibonacci 61 or nearby lines
and then sell from there
If there is no retracement and it simply sells off, just short it in the short term
4 hours
1 hour
【Afterword】
The arrows drawn on the image indicate the favorable directions
Yellow indicates upward direction
Light blue indicates downward direction
It does not guarantee that the price will react or rebound at those levels, only that there is an advantage in that direction
However, since arrows point near key turning points, please use them as a reference for trading
The arrows may become take-profit or stop-loss points
And similarly, use the lines and Fibonacci levels as references for take profits, stop losses, and entry points
I stream market forecasts and strategies on YouTube every week, and they generally align with actual outcomes
What matters is how you apply them to your trading and entries
When the market strategy matches or differs, your trading approach and mindset will change
And please consider entries as a separate matter
