ProfessorCEWard

πŸ”₯ EURUSD: Curve Analysis (18H) πŸ”₯

Short
OANDA:EURUSD   Euro / U.S. Dollar
πŸ†• NEW SETUPS πŸ†•

-SL @ 1.0817 🚫 (conservative)
-SL @ 1.0797 🚫 (moderate)
-SL @ 1.0786 🚫 (aggressive)
SLO2 @ 1.0760 ⏳
SLO1 @ 1.0750 ⏳
TP1 @ 1.0655
TP1 @ 1.0655
TP2 @ 1.0585
TP3 @ 1.0500
BLO @ 1.0485 ⏳

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.

πŸ”‘
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
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