This week's FX opportunity currencies 26.6.7
go_stock here.
Regarding the points I trade discretionary, irregularly,
this week I would like to briefly explain the opportunities currency pairs and the outlook.
If well received, I would like to increase the number of explained currency pairs and add multi-timeframe explanations as well.
By the way
the indicators are ones I developed for discretionary trading
・GS multi-touch alert → alert notification on line touch
・GS multi-timeframe candles → multiple higher-timeframe views displayed simultaneously
・GS time-based object color set → colors automatically change by time when drawing lines
target="_blank">https://youtu.be/CoPbDrIT74s?si=VGGEJE93-Y0tMlxT
・GS currency pair switch → easily switch currency pairs with the arrow keys
・GS optimal lot size calculation → automatically calculates the lot size according to the allowed loss
used.
Please use it as a reference.
Please use it as a reference.
Now, the introduction of this week's chance currencies.
Following last week's U.S. employment statistics results, there was a sharp move.
This week, I expect a pullback/retreat type movement.
26.6.7 GBP/USD
The view is
・Green line is an important weekly line drawn (labeled W1)
・Red line is an important daily line drawn (labeled D1)
・Purple line is an important four-hour line drawn (labeled H4)
・Red and blue bars indicate weekly display
・The S3 to the upper right indicates the four-hour is currently in a downward three-wave phase
The trade style is to confirm the defense near the lines and follow the direction of the breakout.
Outlook is
・Current location is near the end of the four-hour downward three-wave
This week,
・If it waits until near the lower arrow and shows a downward move, target a short for the fifth wave
・If the line near the arrow is broken above, pull back to near the upper arrow and short
I will provide timing analysis separately if I have time