ProfessorCEWard

✨EURUSD: LTF CURVE ANALYSIS (15m)✨

Short
OANDA:EURUSD   Euro / U.S. Dollar
This short term curve analysis is reflective of a DOWNTREND

SLO2 @ 1.0995 📉
SLO1 @ 1.0970 📉
TP1 @ 1.0920
TP2 @ 1.0875
TP3 @ 1.0845
TP4 @ 1.0795
BLO1 @ 1.0785 ⏳
BLO2 @ 1.0755 ⏳

🔑
BLO = BUY LIMIT ORDER
LTF = LOW TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

Short-term time frames (1-minute to 1 hour):

— Highly volatile, price movements can be fast and unpredictable.

— Suitable for day trading and scalping, but require constant monitoring and quick decision-making.

— Not ideal for beginners due to the risk and stress involved.
Trade closed: stop reached:

🚫 For those who took a risk with this LTF trade, our -SL @ 1.1009 was triggered for a small loss of -14 pips

📉 As of now, the LTF is still reflective of a DT and I'm still anticipating PA will short

DT = DOWNTREND
LTF = LOW TIME FRAME
PA = PRICE ACTION
SL = STOP LOSS

Professor C. E. Ward
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.