Because of the nature of the this curve. PRS cannot provide specifics on USDJPY. However if you are willing to hold for 100 days per trade, USDJPY will eventually move to 82.00 in 18 months or less. Entirely doable in 15 months.
Hence this is not a "live testing" trade because the duration is can't qualify as intermediate.
Hence this is not a "live testing" trade because the duration is can't qualify as intermediate.
Note
There is a way to get a more specific time frame for huge drop. I will post laterNote
IGNORE THAT LAST CHART!! COULDN'T GET THE MA'S ON THE 9 DAY ZOOM OUT TO VERIFY, PLUS THE DATES ARE 1 YEAR FORWARD. LET ME GIVE YOU SOMETHING ELSE LATER.
Note
I RAN IT AGAIN AND GOT 82 IN MARCH APRIL OF 2022.Disclaimer
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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.