XNGUSD Mar-Apr 2023
Code XNGUSD is available
Month:
Trend: down. The month is not closed yet. But the possibility is still a month down
Amplitude: Back to the hard HTCC mark is 2.1
Duration: at least 3 bars left (9 bars are typical down phase). That is, the possibility of the month going down to July 2023
Week:
Trend: The trend is unknown.
Range: Back to HTKC 2.1-2.2 to test channel, pattern and resistance
Time:
The ability to buy time until the end of the month because the down phase was too harsh
The end of the month is exactly 17 weeks, there is harmony in time with the form 1-5 long, 3 short
Day:
Trend: The trend is unknown. Across
Amplitude: Going back to the milestone of HTKC 2.1-2.2 is the end of the weekly range. So there is absolutely an entry point in the day.
Time:
Typical cycle is 40 bars down, 37 bars up.
So, if you follow the typical cyclical range, the possibility of a correction to 2.2-23 at the beginning of the month and then a bounce is high.
Detailed comments on the codes of interest
Scenarios and probabilities
Scenario 1: The month has an upward pullback (wave 2 of the month), creating a mid-term (weekly) reversal point. It is expected that the week can go to July/23 and then break down on the monthly frame.
That is, we have a scenario where the mid-term week is about 6.0 points, from April/23 to 7/23
So we need to wait for the entry point on the date frame.
Trading strategy for the highest probability scenario
Command Types
Position order: Monday 27/3, enter buy position at 2.2, sl 0.05 because of high overnight fee
Stuff order: Break through the 10-day MA and add a stuffed order with a volume of 70% of the capital
Month:
Trend: down. The month is not closed yet. But the possibility is still a month down
Amplitude: Back to the hard HTCC mark is 2.1
Duration: at least 3 bars left (9 bars are typical down phase). That is, the possibility of the month going down to July 2023
Week:
Trend: The trend is unknown.
Range: Back to HTKC 2.1-2.2 to test channel, pattern and resistance
Time:
The ability to buy time until the end of the month because the down phase was too harsh
The end of the month is exactly 17 weeks, there is harmony in time with the form 1-5 long, 3 short
Day:
Trend: The trend is unknown. Across
Amplitude: Going back to the milestone of HTKC 2.1-2.2 is the end of the weekly range. So there is absolutely an entry point in the day.
Time:
Typical cycle is 40 bars down, 37 bars up.
So, if you follow the typical cyclical range, the possibility of a correction to 2.2-23 at the beginning of the month and then a bounce is high.
Detailed comments on the codes of interest
Scenarios and probabilities
Scenario 1: The month has an upward pullback (wave 2 of the month), creating a mid-term (weekly) reversal point. It is expected that the week can go to July/23 and then break down on the monthly frame.
That is, we have a scenario where the mid-term week is about 6.0 points, from April/23 to 7/23
So we need to wait for the entry point on the date frame.
Trading strategy for the highest probability scenario
Command Types
Position order: Monday 27/3, enter buy position at 2.2, sl 0.05 because of high overnight fee
Stuff order: Break through the 10-day MA and add a stuffed order with a volume of 70% of the capital
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