Forecast for future market trends, strategies and opportunity currencies (from 9/19)
Hello, this is OnePi Trade@onepipst)
From 9/19, I would like to forecast the market, lay out 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 please followTwitter.
Table of contents
- Gold (GOLD)
- Afterword
【(GOLD)】
Trading difficulty A-
Long-term is up, short-term is down
From the daily chart perspective, it feels like selling pressure may come
However, buying has been supporting, so it’s hard to break the support
Therefore I am forming a short-term range
A range trade could be possible
I would like to rise once and expect a big sell-off
If the recent support is broken, a large decline could occur
Daily chart
4 hours
1 hour
【Afterword】
The arrows written in the image indicate the advantageous direction
Yellow indicates upward
Light blue indicates downward
Trading difficulty
Easier as you move toward A
It is only that there is an advantage in that direction; it does not mean that the price will surely react or rebound at that level
However, since arrows are drawn near key levels, please use them as a reference for trading
The arrows might become take-profit points or stop-loss points
And similarly, lines and Fibonacci can be used as references for take-profit, stop-loss, and entry points
We stream market forecasts and strategies on YouTube every week, and they are generally accurate
What matters is how you apply them to trading and entries
When the market strategy was correct or incorrect, the trading methods and thinking change
And please treat entries as a separate thing