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Pivot

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 ------------------------- --------------------------
by fondiea
3
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 ------------------------- --------------------------
Short
by fondiea
2
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 ------------------------- --------------------------
Short
by fondiea
MPP, almost did not move.MPP was updated in July. Unfortunately, however, it did not almost move about this symbol. As the weekly chart, it is a range market so it will be both short and long compactly for a while. Weekly chart << tactics >> 1) MPP (P) 0.98956 is function as a support line long. The first limit is under WePP (R1) 0.99799. The second limit is under 1.0000 but it seems to be dangerous. 2) It is doubtful whether MPP (P) 0.98956 functioned as a support line After going through MPP (P) 0.98956 and acting as a resistance line, consider a short 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 ------------------------- --------------------------
Long
by fondiea
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 ------------------------- --------------------------
Short
by fondiea
2
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 ------------------------- --------------------------
Short
by fondiea
Is bitcoin unable to decide the next destination?Bitcoin can not decide where to go from MPP of last month. I will continue to select the downtrend approach. <> 1-1) It rise to MPP (P) near 6641.8 and MPP (P) is functioned as a resistance line. short. The first limit is on WePP (P) 6225.1. The second limit is above 6000.0. There is WePP (S1) 5904.6 under 6000.0, so there is a risk of extending the limit any further. 1-2) It rise to MPP (P) near 6641.8 and MPP(P) is doubtful that it isfunctioned as a resistance line. Because I think it is downtrend, Long do not be think. 2-1) fall under 6000.0.and It acted as a resistance line. short. The first limit is on MPP (S1) 5504.7. (For prudent people like me) The second limit is on WePP (S3) 5139.1. (For those who believe in reaching 5000.0) 2-2) fall under 6000.0. and It kept going down without working as a resistance line. We can not do anything. Wait for some resistance line to function. 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 ------------------------- --------------------------
BITFINEX:BTCUSDShort
by fondiea
2
No strong resistance are up to 400.00It was pushed back near the double zero of 400.00 on the weekend, but it was stopped again by the horizontal line (461.80 in my chart). Also, in July, the position of the MPP changed, so that there was no strong resistance up to 400.00. I am watching it as a downtrend now, so I'd like to put a short as a set sequence. << tactics >> 1) Horizontal line 461.80 functioned as a resistance line short. The first limit is above double zero 400.00. The second limit is above WePP (S2) 374.38. 2) It is doubtful whether the horizontal line 461.80 functions as a resistance line Because it sees as downtrend, Long does not think. I will 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 ------------------------- --------------------------
BITFINEX:ETHUSDShort
by fondiea
Whether uptrend is supported by the new MPP (P)?In July a new MPP was drawn. Currently it is the situation that it will rise again with the support of new MPP (P) 1.31266 neatly. Even if looking at the weekly chart, It have been slowly raising it for nearly 10 months. Weekly chart As a provisional up trend, I'd like to simply place a long. << tactics >> 1) MPP (P) 1.31266 functioned as a support line long. The first limit is under the horizontal line 1.32600 (neckline of the latest double top). The second limit is under WePP (R1) 1.33035. The third limit is under MPP (R1) 1.33941 2) It is doubtful whether MPP (P) 1.31266 functioned as a support line I am watching it as an uptrend, so I will not think about short once. I will 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 ------------------------- --------------------------
Long
by fondiea
Has the uptrend ended?It was a story of five months ago when I made a move towards 2900.0. Currently, it can be seen from the daily story that 2800.0 acts as a strong resistance, preventing up trend persistence. Daily I assume that this symbol is not considered an uptrend already. However, most recently it is likely to consider trading using a support line from Double Zero 2700.0. <> 1) Double Zero Judged that 2700.0 functioned as a resistance line. long entry. The first limit is under thin horizontal line 2738.6. The second limit is under WePP (P) 2756.0. 2) It can not be determined that double zero 2700.0 functions as a resistance line. There is MPP (P) 2678.0 under Double Zero 2700.0, so I do not think of a short. I will observe. Finally, WePP and MPP will be updated on Monday as weekend and monthend are approaching. Flexible response is required. It is a good choice not to enter if you feel difficult. 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 ------------------------- --------------------------
OANDA:SPX500USDLong
by fondiea
How long will the resistance of Double Zero 3.000 last?As last week, I am taking measure of double zero 3.000 to function as a resistance. However, Please be aware that the low price is rising and it is a price move that has not given up trying to penetrate double zero 3.000 above. But, at the moment, I consider a short as judging that double zero 3.000 has functioned as a resistance. << tactics >> 1) It was judged that double zero 3.000 functioned as resistance short. The 1st limit is above the thin trendline which is now reaching around 2.920. The 2nd limit is thought to break the trend line and is on WePP (S1) 2.863. However, if it reflect on WePP 2.952,we need to think about escape. 2) It can not be determined that double zero 3.000 functions as resistance I will observe. Because there is an unknown the strength resistances above the double zero 3.000,MPP (R1) 3.028 and YPP (P) 3.052. 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 ------------------------- --------------------------
OANDA:NATGASUSDShort
by fondiea
Does MPP (P) 22372.6 work?There is no trend, it is NK225 that goes between 22000 and 23000 range. However, it is still difficult to understand price movements. I think that there is no problem by doing both trading and selling. << tactics >> 1) MPP (P) 22372.6 can be recognized as functioning. short. There is WePP (S1) 22195.6 on the way, but thought to penetrate, it limits above 22000.0. However, consider exit if it is reflect cleanly in WePP (S1). 2) MPP (P) 22372.6 cannot be recognized as functioning. Pierce the MPP(P) upwards and recognize the support and consider the long. I think that double zero 22500.0 is losing its function. But if it works I thinks of exit. 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 ------------------------- --------------------------
OANDA:JP225USDShort
by fondiea
Is the set sequence of downtrend applied?The rate once went back through the double zero 6000.0. Currently it is a situation to receive resistance at around MPP (S1) 6353.9. Judging that it is a down trend, if you apply the set sequence, I'd like to have a short position well. <> 1) Resistance MPP (S1) was judged to work. Short entry. The limit is above double zero 6000.0. Or if you assume double zero 6000.0 penetration, it is above the nearest low of 5800.0. 2) it can not be judge that it is functioning, or penetrate above MPP(S1). As long as the intention to lower the price move is seen, I do not do long entry. I will 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 ------------------------- --------------------------
BITFINEX:BTCUSDShort
by fondiea
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
by fondiea