Future market outlook, strategies and opportunity currencies (from 8/16~)
Hello, this is OnePiece Trade (@onepipst）
From 8/16, I will forecast the market, set 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,so pleasefollow Twitter.
Table of Contents
- Dollar/Yen (USD/JPY)
- Euro/Dollar (EUR/USD)
- Euro/Yen (EUR/JPY)
- Pound/Dollar (GBP/USD)
- Pound/Yen (GBP/JPY)
- Closing notes
【Dollar/Yen (USDJPY)】
Trading difficulty: B−
Long-term outlook is down, short-term is up
Since it is positioned above the 4-hour short-term MA, buying could be a viable approach
However, if this is merely a pullback, there is a possibility of selling pressure
Conversely, if selling accelerates, the price may test lower levels again
4 hours
1 hour
【Euro/Dollar (EURUSD)】
Trading difficulty: A−
Long-term outlook is down, short-term also down
If selling accelerates, continue selling toward the lows
There is also a strong possibility of a rebound
Therefore, selling on retracements is also effective
4 hours
1 hour
Euro/Yen (EURJPY)】
Trading difficulty: B−
Long-term outlook is down, short-term also down
It is moving in a low-price range
Whether it breaks the low or rises to Fibonacci 176
If buying, look carefully at the short-term timeframes
4 hours
1 hour
【Pound/Dollar (GBP/USD)】
Trading difficulty: A−
Long-term outlook is down, short-term also down
A slightly favorable buying moment
Since the long-term view is down, some retracement selling seems likely
It might be fine to place a contrarian buy
Target the previous range
4 hours
1 hour
【Pound/Yen (GBPJPY)】
Trading difficulty: A−
Long-term outlook is down, short-term also down
Similar to GBP/USD, a somewhat favorable buying moment
Since the long-term view is down, expect retracements to be sold
It might be good to place a contrarian buy
Target the previous range
4 hours
1 hour
【Closing notes】
The arrows in the image indicate the favorable directions
Yellow indicates upward direction
Light blue indicates downward direction
It only indicates relative advantage in that direction; it does not guarantee a reaction or rebound at that rate
However, since the arrows are drawn near key levels, please use them as参考 for trading
Arrows may become take-profit or stop-loss points
Also, please treat lines and Fibonacci levels as参考 for take-profit, stop-loss, and entry points
Weekly market forecasts and strategies are released on YouTube and are usually quite accurate
What matters is how you apply them to trading and entries
When market strategy was correct or incorrect, your trading methods and thinking change
And please treat entries as a separate matter
