✨ USDJPY: HTF CURVE ANALYSIS (9D) ✨ (DOWNTREND)
SLO2 @ 162.75 ⏳
SLO1a @ 162.45 ⏳ (potentially will be a SSO)
SLO1 @ 162.15 ⏳
TP1 @ 134.268
TP2 @ 116.50 (re-evaluate once PA gets here)
TP3 @ 109.55
TP4 @ 93.352
TP5 @ 90.00
BLO1 @ 89.461 ⏳
BLO2 @ 80.012 ⏳
🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
-SL = NEGATIVE STOP LOSS
TP = TAKE PROFIT
NOTE: My anticipatory analysis doesn't have PA going higher than 163.00 on this pair. However, as always, the market is alive and can do what it wants, so be sure to consider using the -SL identified. Conservative positions for these entries until confirmation... hopefully before a SSO is triggered. Let's see where we end up by next summer with this trade. Be alerted, this is a wealth trade. I'll be setting two (2) alerts and the orders then forgetting about this trade....at least until next year or my alert(s) are triggered.
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.
SLO2 @ 162.75 ⏳
SLO1a @ 162.45 ⏳ (potentially will be a SSO)
SLO1 @ 162.15 ⏳
TP1 @ 134.268
TP2 @ 116.50 (re-evaluate once PA gets here)
TP3 @ 109.55
TP4 @ 93.352
TP5 @ 90.00
BLO1 @ 89.461 ⏳
BLO2 @ 80.012 ⏳
🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
-SL = NEGATIVE STOP LOSS
TP = TAKE PROFIT
NOTE: My anticipatory analysis doesn't have PA going higher than 163.00 on this pair. However, as always, the market is alive and can do what it wants, so be sure to consider using the -SL identified. Conservative positions for these entries until confirmation... hopefully before a SSO is triggered. Let's see where we end up by next summer with this trade. Be alerted, this is a wealth trade. I'll be setting two (2) alerts and the orders then forgetting about this trade....at least until next year or my alert(s) are triggered.
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.
Note
This trade is running very well as anticipated. If you've engaged in this opportunity you should have a +SL in place for all of your orders running (depending on your number of add-ons). Happy trading! Hope you're enjoyingNote
This trade has and should be pulling back but we're well into the green and protected. We haven't gotten to any of our TP's yet but we are in the right place to take advantage when the time is prime. Let's continue to see how this one plays out. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.