This analysis is reflective of an UPTREND
SLO @ 1.5690 β³
TP5 @ 1.5500
TP4 @ 1.4633
TP3 @ 1.3360
TP2 @ 1.2533
TP1 @ 1.1340
BLO1 @ 1.0125 π
BLO2 @ 0.9380 π
π
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Long-term time frames (1 week to 1 year):
β Show the big picture, revealing major trends and economic factors.
β Less volatile, price movements are slower and smoother.
β Suitable for long-term trend trading and position trading.
β Require less frequent monitoring but may offer fewer trading opportunities.
SLO @ 1.5690 β³
TP5 @ 1.5500
TP4 @ 1.4633
TP3 @ 1.3360
TP2 @ 1.2533
TP1 @ 1.1340
BLO1 @ 1.0125 π
BLO2 @ 0.9380 π
π
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Long-term time frames (1 week to 1 year):
β Show the big picture, revealing major trends and economic factors.
β Less volatile, price movements are slower and smoother.
β Suitable for long-term trend trading and position trading.
β Require less frequent monitoring but may offer fewer trading opportunities.
Professor C. E. Ward