This short term curve analysis is reflective of a DOWNTREND
SLO @ 1.0995 📉
SSO @ 1.0945 ⏳
TP1 @ 1.0850
TP2 @ 1.0770
TP3 @ 1.0710
TP4 @ 1.0620
BLO1 @ 1.0595 ⏳
BLO2 @ 1.0545 ⏳
🔑
BLO = BUY LIMIT ORDER
LTF = LOW TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Short-term time frames (1-minute to 1 hour):
— Highly volatile, price movements can be fast and unpredictable.
— Suitable for day trading and scalping, but require constant monitoring and quick decision-making.
— Not ideal for beginners due to the risk and stress involved.
SLO @ 1.0995 📉
SSO @ 1.0945 ⏳
TP1 @ 1.0850
TP2 @ 1.0770
TP3 @ 1.0710
TP4 @ 1.0620
BLO1 @ 1.0595 ⏳
BLO2 @ 1.0545 ⏳
🔑
BLO = BUY LIMIT ORDER
LTF = LOW TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Short-term time frames (1-minute to 1 hour):
— Highly volatile, price movements can be fast and unpredictable.
— Suitable for day trading and scalping, but require constant monitoring and quick decision-making.
— Not ideal for beginners due to the risk and stress involved.
Trade closed: stop reached:
🚫 STOP LOSS TRIGGERED 🚫
🚫 For those who took a risk with this LTF trade, our -SL @ 1.10173 was triggered for a loss of -22 pips
📉 As of now, the LTF is still reflective of a DT and I'm still anticipating PA will short
DT = DOWNTREND
LTF = LOW TIME FRAME
PA = PRICE ACTION
SL = STOP LOSS
🚫 STOP LOSS TRIGGERED 🚫
🚫 For those who took a risk with this LTF trade, our -SL @ 1.10173 was triggered for a loss of -22 pips
📉 As of now, the LTF is still reflective of a DT and I'm still anticipating PA will short
DT = DOWNTREND
LTF = LOW TIME FRAME
PA = PRICE ACTION
SL = STOP LOSS
Professor C. E. Ward
