NZDJPY: HTF CURVE ANALYSIS (14D) - DT WEALTH TRADE✨ NZDJPY: HTF CURVE ANALYSIS (14D) ✨ (DOWNTREND)
SLO2 @ 96.96 ⏳
SLO1a @ 96.11 ⏳
SLO1 @ 95.01 ⏳
SSO1 @ 90.83 ⏳
TP1 @ 80.395
TP1a @ 70.25
TP2 @ 65.164
TP4 @ 55.184
BLO1 @ 52.787 ⏳ (DO NOT SET!!! PLACE PRICE ALERT)
BLO2 @ 46.965 ⏳ (DO NOT SET!!! PLACE PRICE ALERT)
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BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
NOTE: Based on my evaluation, I don't anticipate PA going above 95.60, however if it does, I'll have orders waiting for it up there! I believe a conservative DCA approach will serve this trade the best. This is a wealth opportunity. It will take some time to play out but if managed well, it will pay out well.
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.