This week's market outlook and strategy (9/16–9/21)
Hello, this is One Ply Trade (@onepipst)
I have prepared a weekly market forecast and strategies, please take a look (9/16–9/21)
For profits and other useful thingsI am posting tweets,Please follow Twitter.
Please base your strategy on the video and your own charts and articles
YouTube Channel
https://www.youtube.com/channel/UCd7eOHBGyBMROlHWh9S1yWg
Table of contents
- USD/JPY
- EUR/USD
- EUR/JPY
- GBP/USD
- GBP/JPY
- Video
- Concluding remarks
【USD/JPY】
Long-term outlook is down, short-term is up
There may be a selling retracement environment
It might be good to attack with selling on retracements
However, it also looks like it may break the recent high
So if a break occurs, go long
Also good to buy on dips
【EUR/USD】
Long-term outlook is down, short-term is down
Since there is a lower wick, there may be buying up to the upper end of the channel for now
Look to buy in the short term
Conversely, it may target new lows again, so retracement selling is also valid
EUR/JPY】
Long-term outlook is slightly up, short-term is up
If the gap is not filled, there is a possibility of gap-filling to the upside
And a move to capture the daily chart’s retracement high
However, since it is a retracement zone, be cautious about selling
If the gap is not filled, or after filling it, a pattern may form at the top and selling could enter
【GBP/USD】
Long-term is slightly up, short-term also up
Would like to accumulate on dips
An ideal point for selling retracements on the daily chart
Thus, it’s okay to engage in selling
Refer to Fibonacci to set up sells
And also to buy on a breakout of the retracement
【GBP/JPY】
Long-term is slightly up, short-term also up
Similar market environment to GBP/USD
You might trade similarly to GBP/USD
The difference is that there is a gap opened
Refer to Fibonacci to set up buys or sells
【Video】
The video is here
【Concluding Remarks】
Weekly market forecasts and strategies are generally accurate on YouTube
What matters is how you apply them to trades and entries
When market strategies match or differ, the way you trade and your thinking will change
And please view entries as something separate
