oktane

✨ GBPJPY: HTF CURVE ANALYSIS (4W/9W) ✨ (UPTREND)

Long
OANDA:GBPJPY   British Pound / Japanese Yen
BLO @ 123.568 ⏳
TP1 @ 161.224 (Potential to get this TP again before the long term long)
TP2 @ 199.953
TP3 @ 224.421
TP4 @ 228.25
SLO1 @ 231.216 ⏳
SLO2 @ 236.01 ⏳

🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

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.

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.