ProfessorCEWard

πŸ”₯ EURUSD: Curve Analysis (15H) πŸ”₯

Short
OANDA:EURUSD   Euro / U.S. Dollar
-SL @ 1.1000 🚫 (conservative)
SLO3 @ 1.0970 ⏳
SLO2 @ 1.0920 ⏳
SLO1 @ 1.0895 ⏳
SSO @ 1.0880 ⏳
TP1 @ 1.0805
BLO @ 1.0790 ⏳

✍️ Depending on the strength of this morning's USD News @ 08:30 ET / 05:30 PT, it could cause PA to PB and reach as high as 1.0970 (a POC Level)

βŒ›οΈ I'm waiting for PA to PB to one of our Sell Orders to re-enter and short it again

🎯 After we short it again, we'll target 1.0805

πŸ”‘
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
POC = POINT OF CONTROL
SL = STOP LOSS
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT

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.
Trade active:
After deliberating and analyzing the EURUSD chart during today's News, the TEAM has agreed that PA should reach our SLO @ 1.0920.

There's a POC level @ 1.0930 indicating that Support is becoming Resistance. If so, we should see the DT continue to our TP of 1.0805

πŸ€‘ LET'S GET IT πŸ€‘
Comment:
EURUSD STATS:
Based on Volume-Weighted Average Price

Today's Market Trend: Bullish

==================================================

Supply:
--------------------
Price: 1.0880, Buyers in control by 69.2%

Upper Curve:
--------------------
Price: 1.08750, Buyers in control by 54.5%

Mid Point:
--------------------
Price: 1.0870, Buyers in control by 50.7%

Lower Curve:
--------------------
Price: 1.08650, Buyers in control by 18.2%

Demand:
--------------------
Price: 1.0860, Buyers in control by 24.9%


✍️ We're anticipating PA will reach up to the Resistance Range of 1.0908 up to 1.09538 before shorting‼️

SETUPS:
SLO4 @ 1.0950
SLO3 @ 1.0933
SLO2 @ 1.0918
SLO1 @ 1.0908
TP @ 1.0805
Trade active:
EURUSD STATS:
Based on Volume-Weighted Average Price

Today's Market Trend: Bearish

==================================================
Supply:
--------------------
Price: 1.0955, Sellers in control by 65.4%

Upper Curve:
--------------------
Price: 1.0950, Sellers in control by 5.1%

Mid Point:
--------------------
Price: 1.0945, Sellers in control by 21.5%

Lower Curve:
--------------------
Price: 1.0940, Sellers in control by 13.5%

Demand:
--------------------
Price: 1.09350, Control: Sellers in control by 70.8%, Long Change: N/A, Short Change: N/A

✨✨✨✨✨✨

✍️ We're anticipating PA will reach up to the Resistance Range of 1.0908 up to 1.09538 before shorting‼️

SETUPS:
SLO4 @ 1.0950
SLO3 @ 1.0933
SLO2 @ 1.0918
SLO1 @ 1.0908
TP @ 1.0805

Professor C. E. Ward
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