(DOWNTREND)
-SL @ 45960 π«
SLO @ 44915 β³
SSO @ 43925 β³
TP1 @ 38800
TP2 @ 35425
TP3 @ 32950
TP4 @ 29100
BLO1 @ 28180 β³
BLO2 @ 25950 β³
SUPPORT @ 26450
ADDITIONAL INFO:
π€ Now that PA has reached a major Resistance level @ 45956, this Curve Analysis on the 2D chart has the probability of holding the DT. If so, we're going to be setup some major profit
π This is a VERY VOLATILE PAIR. Position Size should be no greater than 3% of your NAV
β οΈ For those who don't mind a little risk, you can place a MO-Short
π
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
NAV = NET ASSET VALUE
SSO = SELL STOP ORDER
TP = TAKE PROFIT
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.
-SL @ 45960 π«
SLO @ 44915 β³
SSO @ 43925 β³
TP1 @ 38800
TP2 @ 35425
TP3 @ 32950
TP4 @ 29100
BLO1 @ 28180 β³
BLO2 @ 25950 β³
SUPPORT @ 26450
ADDITIONAL INFO:
π€ Now that PA has reached a major Resistance level @ 45956, this Curve Analysis on the 2D chart has the probability of holding the DT. If so, we're going to be setup some major profit
π This is a VERY VOLATILE PAIR. Position Size should be no greater than 3% of your NAV
β οΈ For those who don't mind a little risk, you can place a MO-Short
π
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
NAV = NET ASSET VALUE
SSO = SELL STOP ORDER
TP = TAKE PROFIT
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.
Professor C. E. Ward
