Release： 08/12/2023 23:10

Update： 08/12/2023 23:11

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We will explain trading based on the long-term chart as the core. For charts such as daily and 4-hour charts, we will practice a method that selects the most suitable currency pair based on the strength data of each currency and trades accordingly.

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The Golden Path of Investment (Part 69)

The Way of Investment (Part69)

Summer Vacation Special Edition (Continuing)

　The Way of Investment (Part67) “Summer Vacation Special Edition” continuation.

1. Markets not rising easilyAUDUSD

Because the daily chart was very clean, I was hoping it would form a W bottom and then rise.

Unfortunately, it did not rise easily. Below is the daily chart ofAUDUSD.

Monday was a bullish candle, but from Tuesday onward it formed four consecutive bearish candles. The red horizontal line marks the most recent low, so there is a possibility of further decline to this line. Possible scenarios include a rebound before touching the line, a rebound after touching it, or a slight dip below before rebounding.

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