ProfessorCEWard

πŸ†• XAUUSD: Curve Analysis πŸ†•

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Based on the 4H Chart

SLO2 @ 2441 πŸ“‰
SLO1 @ 2424 ⏳
TP1 @ 2391
TP2 @ 2363
TP3 @ 2343
TP4 @ 2311
BLO1 @ 2304 ⏳
BLO2 @ 2285 ⏳

This is an Intermediate Time Frame trade (4 hours to 6 day):

β€” Offers a clearer picture of the underlying trend compared to short-term frames.

β€” Provides more opportunities for confirmation signals and technical analysis.

β€” Allows for more flexible trading schedules, trades can be held overnight.

β€” Suitable for swing traders and some positional traders.

πŸ”‘
⏳ = PENDING ORDERS
BLO = BUY LIMIT ORDER
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
Comment:
Based on the 1H Chart

SLO2 @ 2441 πŸ“‰ +2800 pips
SLO1 @ 2424 πŸ“‰+1100 pips
TP1 @ 2391
TP2 @ 2363
TP3 @ 2343
TP4 @ 2311
BLO1 @ 2304 ⏳
BLO2 @ 2285 ⏳

ADDITIONAL INFO:
πŸ™ Based on technical analysis, now that two candles that have opened and closed below our Anchor Candle @ 2414, we should be good for the DT

Combined Net Equity is currently @ +3900 pips

πŸ”‘
⏳ = PENDING ORDERS
BLO = BUY LIMIT ORDER
DT = DOWNTREND
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Comment:
🌟 We hit our TP1 & TP2 🌟

πŸ’° TP1 @ 2391, shaved 5000 pips from SLO2

πŸ’° TP2 @ 2363, shaved 6100 pips from SLO1
Comment:

✍️ I'm anticipating that PA will return to the DT within this 4H Supply Range

Supply (distal) @ 2374
Supply (proximal) @ 2371
Trade active:
πŸ”₯ WE HIT OUR TP1, TP2, & TP3 πŸ”₯

XAUUSD: Curve Analysis
(Based on the 4H Chart)

SLO2 @ 2441
SLO1 @ 2424 πŸ“‰
TP1 @ 2391 πŸ’°
TP2 @ 2363 πŸ’°
TP3 @ 2343 πŸ’°
TP4 @ 2311
BLO1 @ 2304 ⏳
BLO2 @ 2285 ⏳

πŸ’° TP1 @ 2391, shaved +5000 pips from SLO2

πŸ’° TP2 @ 2363, shaved +6100 pips from SLO1

πŸ€‘ TP3 @ 2343, CLOSED SLO2 for +9800 pips profit

⏳ TP4 @ 2311, will close SLO1 (pending)

Professor C. E. Ward
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