West Texas Oil
SLO @ 90.75 β³
TP5 @ 89.15
TP4 @ 86.85
TP3 @ 83.33
TP2 @ 79.50
TP1 @ 74.15
BLO @ 68.60 π
ADDITIONAL INFO:
π€ As anticipated, PA has hit our TP1
π€ Net Equity is @ +8.09%
π SWING TRADERS: +29.96% PROFIT OPPORTUNITY (max)βΌοΈ
βοΈ NOTE: Each TP is a POC where we expect market participation to switch from being supported by buyers to being resisted by sellers β USE THESE LEVELS AS BLOs or BSOs for your add-ons.
π
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):
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.
SLO @ 90.75 β³
TP5 @ 89.15
TP4 @ 86.85
TP3 @ 83.33
TP2 @ 79.50
TP1 @ 74.15
BLO @ 68.60 π
ADDITIONAL INFO:
π€ As anticipated, PA has hit our TP1
π€ Net Equity is @ +8.09%
π SWING TRADERS: +29.96% PROFIT OPPORTUNITY (max)βΌοΈ
βοΈ NOTE: Each TP is a POC where we expect market participation to switch from being supported by buyers to being resisted by sellers β USE THESE LEVELS AS BLOs or BSOs for your add-ons.
π
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):
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