(Based on the 1H Curve)
-SL3 @ 1.5045 π« (conservative)
-SL2 @ 1.4910 π« (moderate)
-SL1 @ 1.4765 π« (aggressive)
SLO3 @ 1.4750 β³ (suggested by P2P INDi)
SLO2 @ 1.4719 β³ (suggested by P2P INDi)
SLO1 @ 1.4695 β³
TP1 @ 1.4662
TP2 @ 1.4613
TP3 @ 1.4578
TP4 @ 1.4523
TP5 @ 1.4485
SUPPORT @ 1.4475
Intermediate time frames (4 hours to 6 day):
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.
π
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
β³ = PENDING
-SL3 @ 1.5045 π« (conservative)
-SL2 @ 1.4910 π« (moderate)
-SL1 @ 1.4765 π« (aggressive)
SLO3 @ 1.4750 β³ (suggested by P2P INDi)
SLO2 @ 1.4719 β³ (suggested by P2P INDi)
SLO1 @ 1.4695 β³
TP1 @ 1.4662
TP2 @ 1.4613
TP3 @ 1.4578
TP4 @ 1.4523
TP5 @ 1.4485
SUPPORT @ 1.4475
Intermediate time frames (4 hours to 6 day):
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.
π
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
β³ = PENDING
Professor C. E. Ward
