2022.4/13~15 MochiPoyo Alert Explanation
We will post point-by-point explanations using Mochi Poyo Alert (^O^)
We will roughly explain tips and situations for profiting; basically, we will reference 15-minute and 4-hour charts for Pound-related and Gold prices, but for detailed explanations we will provide them within the Mochi Poyo Alert dedicated community and in study sessions!
For those using Mochi Poyo Alert, we hope this will serve as a reference to improve your entry accuracy ('ω')
※ The circle at Long (Short) points indicates that the timing is from the candle’s open to close where the sign is lit.
※ The circle marks are used to denote signs that are easier to capture among signs.
▼ Signs + Methods using ‘Mochi Poyo Alert’
https://www.gogojungle.co.jp/re/EjcUt4HgRdwLl0L
▼ ‘Mochi Poyo Pattern Collection’ Fully discretionary entry patterns that maximize RCI
https://www.gogojungle.co.jp/re/83u1ePL2XCBGaJ2
【2022.04/13~15 USDJPY】
The yen is continuing to weaken, and we have not yet reached a state where the trend has broken. When a lower-timeframe is in an uptrend, it is generally safe to look for pullback buys.
Where the trend will abruptly reverse is hard to predict, but especially at the end of April and early May, be especially cautious. However, if you are aiming to enter on a short-term basis on the 15-minute chart, as long as you do not go against the direction of the higher timeframes and you have at least two pieces of justification to buy, and if the higher timeframe shows a pullback while the lower timeframe shows a downtrend, you may cautiously look for a retracement sell.
【2022.04/13~15 GBPAUD】
The 4-hour chart shows a trend change or a temporary breakdown of a downtrend, so if the 15-minute chart is in an uptrend, it was relatively easy to enter when hidden confirmations overlapped or when RCI aligned across short-term to mid-term to long-term indicators, aiming for scalping to short-term day trading. Going forward, the trend may resume with a drop on the 4-hour chart to form a pullback and then rise again, continuing the uptrend. However, this is not guaranteed, so I would like to aim for entries on the 15-minute chart in line with the actual 4-hour flow.
▼ Signs + Methods using ‘Mochi Poyo Alert’
https://www.gogojungle.co.jp/re/EjcUt4HgRdwLl0L
▼ ‘Mochi Poyo Pattern Collection’ Fully discretionary entry patterns that maximize RCI
https://www.gogojungle.co.jp/re/83u1ePL2XCBGaJ2