Utilization of the "8CP Visualization Indicator" (Part 2)
「8CP Visualization Indicator
Today as well, the 「8CP Visualization Indicator
Just like yesterday, using the 「8CP Visualization IndicatorOceania versionEURAUD sell entry.
In the morning10 o'clock, until around 10:30, I patiently wait for the eight graphs to converge sufficiently.Eight chart groups expand, among which EURAUDis the lowest, falling the most.I think, “I’ve been waiting for this.” and place a sell entry at this point. Furthermore threshold is breached. You may add to the position and enter more sells.
The red arrow marks the selling entry point.
The green arrow marks the exit point.
With green arrow 1, the chart started to lay flat.
However, even at the position of green arrow 2,-15.0 threshold has not yet been exceeded, so you may hold until the chart lays flat at the position of green arrow 3.
If you close at arrow 1, the profit is about60 PIPS; if closed at arrow 3, about90 PIPS of profit.
The figure shows the upper half being theEUR/AUD 5 Visualization Indicator.