Market analysis for Indicator Total_method GBPUSD 1/21
This kind-box is the main function of Total_Method'sexplanation pageandsales page
I decided to write about an entry opportunity that occurred when a lower-timeframe opposite-direction kind-box appeared and the price broke upward using the kind-box.
Today's 1/21 entry point 1-hour GBPUSD chart.
On the 1-hour GBPUSD chart, the message came that a kind-box was formed and a sure-win signal appeared, but since there is still a possibility of further decline, I am watching closely.
However, the 38.2 line of the big wave overlapped with the 612.8 line of the kind-box, and since it rebounded at that line and rose, I lowered it to a 15-minute chart.
If you look at the 15-minute chart, a pink kind-box appears.
If this breaks in the opposite direction, it might be a trend reversal, so I uploaded this article because that typical move was present.
It is still prioritized on the 1-hour basis with supporting reasons, so I entered after the pink 15-minute kind-box broke above and returned to that line and rebounded.
Here is the subsequent market image.
Thank you for your consideration.
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