Future market outlook, strategies and opportunity currencies (from 8/28)
Hello, this is OnePiP Trade (@onepipst）
From 8/28 onward, I will outline market forecasts, set strategies, and look for entry points
I draw horizontal lines and trendlines based on the daily chart
I also tweet about profits and other useful things so pleasefollow on Twitter.
Table of contents
- USD/JPY
- EUR/USD
- EUR/JPY
- GBP/USD
- GBP/JPY
- Afterword
【USDJPY】
Trading difficulty: B−
Long-term is down, and short-term is also down
Sell-on-rallies market
There is a possibility of a rally at any time
So it might be okay to go short
However there is also a possibility of moving to a recent high
Consider buying up to Fibonacci 76 or 61
4 hours
1 hour
【EURUSD】
Trading difficulty: B−
Long-term is down, and short-term is also down
If buying, aim for Fibonacci 76
If it breaks there, buy up to 61
EURJPY】
Trading difficulty: B−
Long-term is down, and short-term is also down
There is a possibility that buying may come in
Buying up to the Fibonacci 100 or higher lines
From there, will a pullback sell come in, or will selling start from the current position?
4 hours
1 hour
GBPUSD
Trading difficulty: A−
Long-term is down, short-term is up
A channel has recently formed
Selling down to the channel bottom could be reasonable
If buying, you might target MA rebounds on each timeframe
GBPJPY
Trading difficulty: B−
Long-term is down, and short-term is up
Would like to look for buying on dips, but a large drop is also possible
4 hours
1 hour
【Afterword】
The arrows shown in the images indicate the favorable direction
Yellow indicates upward direction
Light blue indicates downward direction
But that does not mean the rate will definitely respond or rebound at that point
However, since arrows are drawn around nearby turning points, please use them as a reference for trading
The arrows may become take-profit points or stop-loss points
And please also use the lines and Fibonacci levels as references for take-profit, stop-loss, and entry points
Forecasts and strategies published on YouTube every week are generally accurate
What matters is how you apply them to trading and entries
When market strategies match, and when they don't, your trading approach and thinking will differ
And please treat entries as a separate matter
