GcNaif
Long

Long based on Clones 50% area

FX:USDJPY   U.S. Dollar/Japanese Yen
861 4 34
i am watching this very closely to long it above 102.5 area. The current area is the reversal area as per Clones. Once i get some kind of candle confirmation i will jump in .

Entry:102.5
SL: 102
TP: open.
Trade active
Trade closed manually: closed trade at 102.7. not comfortable with PA
I am a Chart Slave.Thank you TradingView and @nmike.
a very similar view
snapshot
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PP-Guy Phantom
Phantom, thank you for sharing this clean and informative chart. A good reminder to leave longer term trend lines on charts. I really found the use of fib levels interesting, like the center line of a harmonic pattern that I use on occasion. Phantom or GcNaif if you would please help educate me/us; Is this part of applying Clones? All the best, PP-Guy.
Reply
Phantom PP-Guy
Hi. If you would like to learn more about clones, you may want to visit nmike's profile at https://www.tradingview.com/u/nmike/ ..His page displays a ton of ideas utilizing clones of various types. As for older trend lines, you never know when they are of use. Keep them, especially on high time frame charts, such as daily, weekly, monthly.
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PP-Guy Phantom
Thank you Phantom for the direction and advise. I agree completely and just had forgotten after changing brokers months ago, new charting and trading platforms to embrace and configure. Sorry excuse for sure! Great advice on the higher time frames.
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