Use of the "8CP Visibility Indicator" (Part 1)
「8CP Visualization Indicator" usage (Part 1)
「8CP Visualization Indicator" practical usage will be introduced in this Investment Navigator from now on.
In the first installment, we will introduce the “8CP Visualization Indicator Oceania version.
Oceania currency pairs tend to move in the morning in Japan time. Today,2021 year8 month23 day (Mon) also showed price movement from around 9 am Japan time.
The most active currency pair wasAUDJPY. It rose throughout the morning. In the afternoon it retraced momentarily, but17 o'clock onward it rose further.
In the upper half, theAUDJPY’s5-minute chart is shown, and in the lower half, the “8CP Visualization Indicator” is displayed.
The blue arrows (1–3) indicate buy points.
1.
The first point that jumped out from the group of graphs
2.
+15.0 point threshold exceeded
3.
Point that moved up again after a brief pullback
Although it seems to be still extending, if you had entered on the first arrow, you would have about70PIPS of profit.
The somewhat thick green line represents the AUDJPY as displayed by the indicator.AUDJPY.