๐ USDDKK: CURVE ANALYSIS (1D) ๐
SLO2 @ 7.1123 โณ
SLO1 @ 7.0592 โณ
TP5 @ 7.0450
TP4 @ 7.0000
TP3 @ 6.9355 ๐ฐ
TP2 @ 6.8733 ๐ฐ
TP1 @ 6.7830 ๐ฐ
BLO1 @ 6.6910 ๐
BLO2 @ 6.6345 โณ
๐ค If this uptrend continues to hold then we have some nice money to make AGAIN
SLO1 @ 7.0592 โณ
TP5 @ 7.0450
TP4 @ 7.0000
TP3 @ 6.9355 ๐ฐ
TP2 @ 6.8733 ๐ฐ
TP1 @ 6.7830 ๐ฐ
BLO1 @ 6.6910 ๐
BLO2 @ 6.6345 โณ
๐ค If this uptrend continues to hold then we have some nice money to make AGAIN
Professor C. E. Ward
๐ฅ GET READY ๐ฅ GET READY ๐ฅ GET READY ๐ฅ GET READY ๐ฅ
TP5 @ 6.9415
TP4 @ 6.9300
TP3 @ 6.8915
TP2 @ 6.8720
TP1 @ 6.8433
BLO1 @ 6.8150 โณ
BLO2 @ 6.7975 โณ
ADDITIONAL INFO:
๐ There is the probability of Price Action tanking from a mid pivot Resistance Level @ 6.8720
๐ If so, it could be a hard push back to the downside
๐ This is a drop of around +570 pips BEFORE we would enter our Buy positions
โ ๏ธ RISK TAKERS can place a SLO @ 6.8685 and a SSO @ 6.8645 โ ๏ธ
This is an Intermediate Time Frame trade (4 hours to 6 day):
โ Offers a clearer picture of the underlying trend compared to short-term frames.
โ Provides more opportunities for confirmation signals and technical analysis.
โ Allows for more flexible trading schedules, trades can be held overnight.
โ Suitable for swing traders and some positional traders.
๐
BLO = BUY LIMIT ORDER
DT = DOWNTREND
PB = PULLBACK
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT