π₯ GBPAUD: Curve Analysis (4H) π₯
-SL @ 1.9317 π« (conservative)
-SL @ 1.9268 π« (moderate)
-SL @ 1.9230 π« (aggressive)
SSO1 @ 1.9166 β³
SSO2 @ 1.9125 β³
TP1 @ 1.9040
TP2 @ 1.8930
TP3 @ 1.8850
TP4 @ 1.8725
BLO @ 1.8695 β³
SUPPORT @ 1.8625
π We've been waiting a while for PA to reach the SZ on this pair and we're finally there
π₯ We have GBP News @ 23:00 PT / 02:00 ET, which could be the catalyst that'll trigger our Sell Orders for a short
βοΈ NOTE: Each TP is a POC where we expect market participation to switch from being supported by buyers to being resisted by seller's
π
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SL = STOP LOSS
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 @ 1.9268 π« (moderate)
-SL @ 1.9230 π« (aggressive)
SSO1 @ 1.9166 β³
SSO2 @ 1.9125 β³
TP1 @ 1.9040
TP2 @ 1.8930
TP3 @ 1.8850
TP4 @ 1.8725
BLO @ 1.8695 β³
SUPPORT @ 1.8625
π We've been waiting a while for PA to reach the SZ on this pair and we're finally there
π₯ We have GBP News @ 23:00 PT / 02:00 ET, which could be the catalyst that'll trigger our Sell Orders for a short
βοΈ NOTE: Each TP is a POC where we expect market participation to switch from being supported by buyers to being resisted by seller's
π
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SL = STOP LOSS
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
