π NEW SETUPS π
-SL @ 1.0817 π« (conservative)
-SL @ 1.0797 π« (moderate)
-SL @ 1.0786 π« (aggressive)
SLO2 @ 1.0760 β³
SLO1 @ 1.0750 β³
TP1 @ 1.0655
TP1 @ 1.0655
TP2 @ 1.0585
TP3 @ 1.0500
BLO @ 1.0485 β³
ADDITIONAL INFO
β If the 5m Curve within the 8H Curve holds the DT, then our SLO1/SLO2 should work in our favor
β There is a MAJOR OPPORTUNITY to capture +250 pips to the downside.
π
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
SL = STOP LOSS
SLO = SELL LIMIT 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.
-SL @ 1.0817 π« (conservative)
-SL @ 1.0797 π« (moderate)
-SL @ 1.0786 π« (aggressive)
SLO2 @ 1.0760 β³
SLO1 @ 1.0750 β³
TP1 @ 1.0655
TP1 @ 1.0655
TP2 @ 1.0585
TP3 @ 1.0500
BLO @ 1.0485 β³
ADDITIONAL INFO
β If the 5m Curve within the 8H Curve holds the DT, then our SLO1/SLO2 should work in our favor
β There is a MAJOR OPPORTUNITY to capture +250 pips to the downside.
π
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
SL = STOP LOSS
SLO = SELL LIMIT 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.
Professor C. E. Ward