β¨ AUDUSD: ITF CURVE ANALYSIS (12H) β¨
(DOWNTREND)
SLO2 @ 0.6860 π +48 pips
SLO1 @ 0.6840 β³
SSO1 @ 0.6800 β³
SSO2 @ 0.6780 β³
TP1 @ 0.6666
TP2 @ 0.6570
TP3 @ 0.6500
TP4 @ 0.6400
BLO1 @ 0.6366 β³
BLO2 @ 0.6300 β³
ADDITIONAL INFO:
π₯ January 3rd may mark the beginning of a new trend
π Based on the Curve Analysis of the 12H chart, I'm anticipating a DT
π€ Since our SLO2, our Net Equity is @ +48 pips
π I've identified three additional sell opportunities, as posted above
π
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Intermediate time frames (4 hours to 6 days):
β Offer a clearer picture of the underlying trend compared to short-term frames.
β Provide more opportunities for confirmation signals and technical analysis.
β Allow for more flexible trading schedules, trades can be held overnight.
β Suitable for swing traders and some positional traders.
SLO2 @ 0.6860 π +48 pips
SLO1 @ 0.6840 β³
SSO1 @ 0.6800 β³
SSO2 @ 0.6780 β³
TP1 @ 0.6666
TP2 @ 0.6570
TP3 @ 0.6500
TP4 @ 0.6400
BLO1 @ 0.6366 β³
BLO2 @ 0.6300 β³
ADDITIONAL INFO:
π₯ January 3rd may mark the beginning of a new trend
π Based on the Curve Analysis of the 12H chart, I'm anticipating a DT
π€ Since our SLO2, our Net Equity is @ +48 pips
π I've identified three additional sell opportunities, as posted above
π
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Intermediate time frames (4 hours to 6 days):
β Offer a clearer picture of the underlying trend compared to short-term frames.
β Provide more opportunities for confirmation signals and technical analysis.
β Allow for more flexible trading schedules, trades can be held overnight.
β Suitable for swing traders and some positional traders.
Professor C. E. Ward
