(Based on the 12H Chart)
SLO3 @ 2414.48 π
SLO2 @ 2388.92 π
SLO1 @ 2334.00 β³
TP1 @ 2334.00 π°
TP2 @ 2288.87
TP3 @ 2255.22
TP4 @ 2203.24
BLO1 @ 2190.75 β³
BLO2 @ 2160.42 β³
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.
π
β³ = PENDING ORDERS
BLO = BUY LIMIT ORDER
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
SLO3 @ 2414.48 π
SLO2 @ 2388.92 π
SLO1 @ 2334.00 β³
TP1 @ 2334.00 π°
TP2 @ 2288.87
TP3 @ 2255.22
TP4 @ 2203.24
BLO1 @ 2190.75 β³
BLO2 @ 2160.42 β³
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.
π
β³ = PENDING ORDERS
BLO = BUY LIMIT ORDER
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
Professor C. E. Ward
XAUUSD: Curve Analysis
(Based on the 4H Chart)
SLO2 @ 2441 π
SLO1 @ 2424 β³
TP1 @ 2391
TP2 @ 2363
TP3 @ 2343
TP4 @ 2311
BLO1 @ 2304 β³
BLO2 @ 2285 β³
β PA has pierced our original PH.
β Good thing is that we have a new PH
β Based on the new PH, I have annotated this new Curve Analysis
π
β³ = PENDING ORDERS
BLO = BUY LIMIT ORDER
PA = PRICE ACTION
PH = PIVOT HIGH
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT