π USDDKK: CURVE ANALYSIS (3W) π
Updated
(DOWNTREND, BASED ON THE 3W CHART)
SLO2 @ 7.7108 β³
SLO1 @ 7.5331 β³
TP1 @ 7.1950 π°
SLO3 @ 7.0436 β³ (suggested by TEMASHA) ππ½
TP2 @ 6.9100 π° (New SSO add-on) ππ½
TP3 @ 6.7015 π°
TP4 @ 6.3782
BLO1 @ 6.3005 β³
BLO2 @ 6.1119 β³
-SL @ 6.0231 π« (aggressive)
-SL @ 5.9331 π« (moderate)
-SL @ 5.7777 π« (conservative)
ADDITIONAL INFO:
π If PA continues to pullback to the upside, we may get another opportunity to catch this SLO suggested by TEMASHA @ 7.0436
π Now that PA has triggered our TP2, I'm going to use it as an opportunity to place an SSO add-on
π
-SL = STOP LOSS
BLO = BUY LIMIT ORDER
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
This is a Long-Term Time Frame trade (1 week to 1 year):
β Shows the big picture, revealing major trends and economic factors.
β Less volatile, price movements are slower and smoother.
β Suitable for long-term trend trading and position trading.
β Requires less frequent monitoring but may offer fewer trading opportunities.
SLO2 @ 7.7108 β³
SLO1 @ 7.5331 β³
TP1 @ 7.1950 π°
SLO3 @ 7.0436 β³ (suggested by TEMASHA) ππ½
TP2 @ 6.9100 π° (New SSO add-on) ππ½
TP3 @ 6.7015 π°
TP4 @ 6.3782
BLO1 @ 6.3005 β³
BLO2 @ 6.1119 β³
-SL @ 6.0231 π« (aggressive)
-SL @ 5.9331 π« (moderate)
-SL @ 5.7777 π« (conservative)
ADDITIONAL INFO:
π If PA continues to pullback to the upside, we may get another opportunity to catch this SLO suggested by TEMASHA @ 7.0436
π Now that PA has triggered our TP2, I'm going to use it as an opportunity to place an SSO add-on
π
-SL = STOP LOSS
BLO = BUY LIMIT ORDER
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
This is a Long-Term Time Frame trade (1 week to 1 year):
β Shows the big picture, revealing major trends and economic factors.
β Less volatile, price movements are slower and smoother.
β Suitable for long-term trend trading and position trading.
β Requires less frequent monitoring but may offer fewer trading opportunities.
Comment
Based on a Lower Time Frame 9H Chart
Professor C. E. Ward
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