ProfessorCEWard

๐Ÿ”ฅ GBPZAR: Curve Analysis (6W) ๐Ÿ”ฅ

์ˆ
OANDA:GBPZAR   GBP/ZAR
SLO2 @ 24.40 โณ
SLO1 @ 23.90 โณ
TP1 @ 20.15
TP2 @ 17.75
TP3 @ 16.00
TP4 @ 13.25
BLO @ 12.50 โณ

ADDITIONAL INFO:
๐Ÿค” If this HTF Curve Analysis holds on this 3H chart, then we'll have an opportunity to short

๐Ÿ† POSITION TRADERS: +45.70% or 111,500 pip OPPORTUNITY (max)โ€ผ๏ธ

โœ๏ธ NOTE: Each TP is a POC where we expect market participation to switch from being supported by buyers to being resisted by sellers โ€” USE THESE LEVELS AS SLOs or SSOs for your add-ons.

๐Ÿ”‘
LTF = LOW TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT

Short-term time frames (1-minute to 3 hour):

โ€” Highly volatile, price movements can be fast and unpredictable.

โ€” Suitable for day trading and scalping, but require constant monitoring and quick decision-making.

โ€” Not ideal for beginners due to the risk and stress involved.

Professor C. E. Ward
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