This long term curve analysis is reflective of a DOWNTREND
SLO2 @ 1.4410 ⏳
SLO1 @ 1.3845 📉
TP1 @ 1.2775
TP2 @ 1.1875
TP3 @ 1.1210
TP4 @ 1.0185
BLO1 @ 0.9940 ⏳
BLO2 @ 0.9340 ⏳
🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
High time frames (1 week to 1 year):
— Show the big picture, revealing major trends and economic factors.
— Less volatile, price movements are slower and smoother.
— Suitable for long-term trend trading and position trading.
— Require less frequent monitoring but may offer fewer trading opportunities.
SLO2 @ 1.4410 ⏳
SLO1 @ 1.3845 📉
TP1 @ 1.2775
TP2 @ 1.1875
TP3 @ 1.1210
TP4 @ 1.0185
BLO1 @ 0.9940 ⏳
BLO2 @ 0.9340 ⏳
🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
High time frames (1 week to 1 year):
— Show the big picture, revealing major trends and economic factors.
— Less volatile, price movements are slower and smoother.
— Suitable for long-term trend trading and position trading.
— Require less frequent monitoring but may offer fewer trading opportunities.
Professor C. E. Ward
