West Texas Oil
SLO2 @ 74.90 ⏳
SLO1 @ 74.33 ⏳
TP1 @ 73.20
TP2 @ 72.25
TP3 @ 71.50
TP4 @ 70.40
TP5 @ 69.75
SUPPORT @ 69.50
ADDITIONAL INFO:
🤔 If this LTF Curve Analysis holds on this 3H chart, then we'll have an opportunity to short
🏆 DAY TRADERS: +6.88% PROFIT OPPORTUNITY (max)‼️
✍️ NOTE: Each TP is a POC where we expect market participation to switch from being supported by buyers to being resisted by sellers — USE THESE LEVELS AS BLOs or BSOs for your add-ons.
🔑
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SL = STOP LOSS
SLO = SELL LIMIT ORDER
SZ = SUPPLY ZONE
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
— Offers a clearer picture of the underlying trend compared to short-term frames.
— Provides more opportunities for confirmation signals and technical analysis.
— Allows for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
SLO2 @ 74.90 ⏳
SLO1 @ 74.33 ⏳
TP1 @ 73.20
TP2 @ 72.25
TP3 @ 71.50
TP4 @ 70.40
TP5 @ 69.75
SUPPORT @ 69.50
ADDITIONAL INFO:
🤔 If this LTF Curve Analysis holds on this 3H chart, then we'll have an opportunity to short
🏆 DAY TRADERS: +6.88% PROFIT OPPORTUNITY (max)‼️
✍️ NOTE: Each TP is a POC where we expect market participation to switch from being supported by buyers to being resisted by sellers — USE THESE LEVELS AS BLOs or BSOs for your add-ons.
🔑
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SL = STOP LOSS
SLO = SELL LIMIT ORDER
SZ = SUPPLY ZONE
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
— Offers a clearer picture of the underlying trend compared to short-term frames.
— Provides more opportunities for confirmation signals and technical analysis.
— Allows for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
Professor C. E. Ward
