π EURUSD: Curve Analysis (6H) π
(Based on the 6H Chart)
SLO2 @ 1.0967 β³
SLO1 @ 1.0939β³
TP4 @ 1.0924
TP3 @ 1.0872
TP2 @ 1.0838
TP1 @ 1.0789
BLO1 @ 1.740 β³
BLO2 @ 1.0709 β³
ADDITIONAL INFO:
βοΈ If this Curve Analysis continues to hold, there's still an additional +60 pips "on the table" as it continues this DT
β οΈ At any moment there's still the HIGH PROBABILITY of PA shorting as low as 1.0450 (27D)
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.
SLO2 @ 1.0967 β³
SLO1 @ 1.0939β³
TP4 @ 1.0924
TP3 @ 1.0872
TP2 @ 1.0838
TP1 @ 1.0789
BLO1 @ 1.740 β³
BLO2 @ 1.0709 β³
ADDITIONAL INFO:
βοΈ If this Curve Analysis continues to hold, there's still an additional +60 pips "on the table" as it continues this DT
β οΈ At any moment there's still the HIGH PROBABILITY of PA shorting as low as 1.0450 (27D)
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.
Comment:
π€ Although I didn't mention it, I hope you took responsibility and placed a Manual Trailing Stop or +SL before the News came out and locked in your profit
π Now that we've profited from our BLO1, let's get ready to go long again from our BLO2 @ 1.0709
π« My Stop Loss and the Pivot Low are the same price. So if PA wicks down to our Pivot Low @ 1.0695, then I'm going to exit my Buy Limit trade and assume a continuation of the DT
π€ Although I didn't mention it, I hope you took responsibility and placed a Manual Trailing Stop or +SL before the News came out and locked in your profit
π Now that we've profited from our BLO1, let's get ready to go long again from our BLO2 @ 1.0709
π« My Stop Loss and the Pivot Low are the same price. So if PA wicks down to our Pivot Low @ 1.0695, then I'm going to exit my Buy Limit trade and assume a continuation of the DT
Professor C. E. Ward
π° TP1, TP2, and TP3 have been satisfied.
π― Last stop for this uptrend is @ 1.0924
π I'm anticipating Price Action will continue the uptrend after reacting to one of the following Support Levels (which can also be used as BLOs):
1.0850
1.0830
1.0815