Fx
Like audusdIt is a beautiful range sandwiched between Pivot Points.
It will be a simple point of trying to short.
<< tactics >>
1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry.
The first limit is WePP (P) 0.67879
The second limit is WePP (S1) 0.67351
2) If you penetrate MPP (P) upwards, wait for a long entry opportunity.
Please note that WePP will be updated on Monday.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
How long will the range of MPP (P) and YPP (S1) last?It ranges from MPP to YPP since last month.
If it is assumed that the moon starts moving since the moon has changed, it will be the flow that aims at shorting from here again.
<< tactics >>
1) Consider a short entry when MPP (P) functions as a resistance line.
The first limit is WePP (P) 0.73924
The second limit is WePP (S1) 0.73423
WePP will be updated on Monday so be careful.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Long entry of the lower end of the range with MPP (P)When MPP (P) functions as a resistance line, consider long entry.
First limit: WePP (P) 0.99610
Second limit: 1.00000
Third limit: 1.00400
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
The same way as last timeIf YPP (P) 1.08720 functions as a support line, think long.
The first limit is WePP (R1) 1.09559
The second limit is 1.10000
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Can we expect a recovery in volatility?We can see from weekly that volatility became apparently small since 2017.
weekly
140.000 - 155.000 Both of the upper and lower of the range are blank.
Therefore, if you go outside one of the upper and lower ranges, it may be possible to expect volatility to recover.
Since it is the most recent range, I will aim for both long entry and short entry as usual.
<< tactics >>
If MPP (P) 146.041 functions as a support line, think long entry.
The first limit is under YPP (P) 140.077
The second limit will be decided based on WePP next week.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Is it a worrising move, discipline priority?<< tactics >>
If YPP (S1) functions as a support line, think of a long.
The first limit is WePP (P) 0.6800
The second limit is WePP (R1) 0.68411
Since it is a weekend, be careful that WePP will update on Monday.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Is YPP (S1) a turning point for a range break?Unlike AUD, it is NZDUSD which is completely invisible to down trend when looking at the weekly stick.
weekly
The current position is a difficult place to hit the YPP (S1) and the trend line.
Because it is a range market, I'd like to think about long at the bottom of the range.
However, as far as EMA is seen, the closest direction is down.
Therefore, long entry is a difficult place.
Unfortunately, I have not been able to trade so much this week, but I will also check off this time.
I will wait for a chance of a short.
<< tactics >>
1-1) MPP (P) rose to 0.68568. It acted as a resistance line.
short.
The first limit is decided by referring to the WePP of the next week.
The second limit is on YPP (S1) 0.67273.
1-2) MPP (P) rose to 0.68568. It penetrated it.
If it functions as a support line, think of a long.
2-1) YPP (S1) 0.67273 penetrated downward. That worked as a support line.
short.
The first limit is MPP (S1) 0.66538
The second limit is above WePP in the next week above MPP (S2)0.65331.
2-2) penetrated below YPP (S1) 0.67273. It reached MPP (S2) as it was.
Wait for a short entry point.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Did it slide as much as the MPP slid upwards?Last month It ran a range between MPP (P) 109.442 and MPP (R1) 110.769.
Location of MPP of last month
In July, the resistance of the MPP (R1) last month went out and price ran up like a racehorse who confirmed the gate opened.
However, although it is commonplace, that alone is not a strong trading reason.
There is a strong trend line above.
Weekly chart
That trend line has come close to MPP (R1) 111.541 this month.
Therefore, it is thought that the vicinity becomes strong resistance.
Also, as it is a range market, it is still a scene to take both long and short compactly.
Moreover, the rise and fall of the high and low are also not clear.
It is a situation that can not be trusted.
Based on those, I think that it will be the next turn around the most recent.
<< tactics >>
1-1) It reached near MPP (P) 110.133 and served as support.
long.
The first limit is under 111.000 which is near the last highest.
The second limit is under WePP (R1) 111.326.
1-2) It reached near MPP (P) 110.133, penetrated and fell down.
Short by confirming that MPP (P) 110.133 functions as resistance and 110.000 does not function as support.
Nothing is possible if MPP (P) 110.133 fails before functioning as a resistance.
2-1) It reached near MPP (R1) 111.541, and functioned as a resistance.
short.
The first limit is on WePP (P) 110.347.
The second limit is on MPP (P) 110.133.
2-2) MPP (R1) 111.541 be penetrated and price ran up.
I will look for opportunities of long. but be wary of the trend line.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Would audusd establish downtrend or continue range?The rise of audusd temporarily ceased due to MPP (P) 0.74689 and WePP (R1) 0.74786.
If it invert from here and attack YPP (S1) 0.72900, expectations for downtrend increase.
However, the penetration to YPP (S1) remains as difficult as the previous idea.
Most recently I will consider transactions with a story aiming for YPP (S1) attack.
<>
1) MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistances
short.
The first limit is 0.74000 above
The second limit is 0.73500 above
I conscious of above WePP.
2) It is doubtful that MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistance
I will observe it because I am not sure well.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Can we see it stopped again at the head & shoulders neckline?Over time, eurjpy was pushed up from the area of YPP (P) 128.637 and MPP (P) 128.786.
It will be stopped around 130.000 and the next week will be come.
Weekly Chart
130.000 is not only a round number but also a head & shoulders neckline, so it seems that there are many conscious traders.
(Also worried that for MA users 800 EMA and 1600 EMA are close?)
Even if it goes up or down it has a possibility to move greatly, it is likely to be a turning point.
as you can see,YPP (P) was penetrated several times last month and Month before last.
Therefore, we do not think much about support line.
However, since MPP (P) don't have a lot of information to say that it is easy to be penetrated, attention is still necessary.
<< tactics >>
1) 130.000 functioned as a resistance line
short.
The first limit is above 128.785.
The second limit is above 128.000. * Assuming that it can penetrate MPP (P) and YPP (P)
2) It is doubtful that 130.000 functions as a resistance
If it penetrate 130.000 and function as a support line, I will consider long.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Does gbpusd aim for reattacking to YPP (P)?On June 28, gbpusd attempted to attack MPP (S1) 1.30760 and YPP (P) 1.30508 last month and pushed back cleanly.
It is currently stopped at MPP (P) 1.32437 this month which was made in July.
<< notes >>
Last month's MPP
On the weekly chart, it can not be said whether the up trend of last year is breathing back or aiming at under 1.30000.
weekly chart
For now it seems necessary to observe from a neutral point of view.
The trading that can be done from now are as follows.
<< tactics >>
1) MPP (P) 1.32437 functioned as a resistance line.
short.
The first limit is 1.31000 before
The second limit is near WePP (S1) 1.30748
2) It is doubtful that MPP (P) 1.32437 functioned as a resistance line.
Through the top of the MPP (P), consider long as if it functions as a support line.
Otherwise we should observe.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Is there a possibility of going down 1.15000?I think that it is difficult in the short term.
Because there are MPP (S1) 1.15111 and YPP (P) 1.14786 near 1.15000.
Although We can see a state of attacking 1.15000 in May and June, it was impossible to touch.
It seems that the barrier is still thick.
However, it is a position that can not be denied that there is a possibility of going down under 1.05000 by political or social factors.
Furthermore, if it goes, it will be a big chance that space will continue to 1.05000. (please look weekly chart)
Weekly chart
Therefore, it is the current situation to continue compact trading while expecting the big opportunity that may come.
Currently it is likely to aim for the following trading.
<< tactics >>
1) MPP (P) 1.16817 functioned as a resistance.
short.
The first limit is WePP (S1) 1.15679
The second limit is MPP (S1) 1.15111
2) It is doubtful whether MPP(P) 1.16817 functions as a resistance.
Confirm that MPP(P) functions as support and think long entry.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Can escape the range that lasts more than two years?It have temporarily updated the latest low of 0.74126 this week.
Recently, the resistance line works smoothly and it goes down one step, so if you go as it is, it will be the trend price since 2015.
Weekly chart
There are four lines that become the barrier. (There are many)
1) MPP (S2) 0.73356
2) YPP (S1) 0.72900
3) MPP (S3) 0.72586
4) Horizontal line near 0.71500 (0.71589 on my chart)
Penetrating through these in order and receiving resistance will be a downtrend.
However, even if it comes down trend, it will take a lot of time.
There is also the possibility of lowering slowly so that it is not a trend.
Because, as you can see from the past chart, AUDUSD is easily blocked by YPP.
Nevertheless, as you know, not to have a wishful observation, but to look at the movements at that time to attack areas where risk/reward is good.
Therefore, if keeping down this way, I think that it is enough to take into account only that it is wary of the long trade.
MPP (S1) 0.74517 is the key point for the latest opportunity seen on the 4h chart.
1) Confidence that MPP (S1) 0.74517 functions as resistance
Short, Target is above MPP (S2).
We will be careful of WePP that will be updated tomorrow.
If you are more confident of lowering above YPP (S1) 0.72900 = above Double Zero 0.73000 is also an option.
2) It is doubtful whether MPP (S1) 0.74517 functions as a resistance
If it goes above MPP (S1) 0.74517 and functions as support, I will long, otherwise observe it.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
SHORT AUDJPY BUTTERFLY PATTERNHi, Guys This is deva I looking for new strategy Gartley pattern don't try it's not a confirmation pattern keep watch...
AUDJPY -0.18% Gartley Butterfly pattern keep watch
If move down SL: 50PIPS
TP: 81.730
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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