✨ EURJPY: HTF CURVE ANALYSIS (12D) ✨ (DOWNTREND)
SLO3 @ 172.50 ⏳
SLO2 @ 172.153 ⏳
SLO1 @ 171.05 - TRIGGERED
SSO @ 169.05 ⏳
SSO2 @ 165.528 ⏳
TP1 @ 152.915
TP1a @ 145.15 (secret TP)
TP2 @ 134.509
TP3 @ 122.449
BLO1 @ 119.552 ⏳
BLO2 @ 112.516 ⏳
🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
NOTE: I believe I've got confirmation on the turn I've been anticipating on this pair. Time to see if the analysis will reveal the same. This is a long term trade that should be treated as a wealth opportunity. There will be little to no updates on this for at least a year, barring a nice black swan event or something to move the market drastically in our favor. Let's see what happens.
Long-term time frames (1 week to 1 year):
— Shows the big picture, revealing major trends and economic factors.
— Less volatile, price movements are slower and smoother.
— Suitable for long-term trend trading and position trading.
— Requires less frequent monitoring but may offer fewer trading opportunities.