West Texas Oil
SLO2 @ 125.33 β³
SLO1 @ 113.33 π
TP1 @ 90.45 π°
TP2 @ 71.25 π°
TP3 @ 57.05
TP4 @ 35.15
BLO @ 17.15 β³
ADDITIONAL INFO:
π€ As anticipated, PA has hit our TP1 and TP2
π€ Combined Net Equity is @ +37.13%
π POSITION TRADERS: THIS IS A +84.87% PROFIT OPPORTUNITY (SLO to TP)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 SLOs or SSOs
π
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SL = STOP LOSS
SSO = SELL STOP 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.
SLO2 @ 125.33 β³
SLO1 @ 113.33 π
TP1 @ 90.45 π°
TP2 @ 71.25 π°
TP3 @ 57.05
TP4 @ 35.15
BLO @ 17.15 β³
ADDITIONAL INFO:
π€ As anticipated, PA has hit our TP1 and TP2
π€ Combined Net Equity is @ +37.13%
π POSITION TRADERS: THIS IS A +84.87% PROFIT OPPORTUNITY (SLO to TP)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 SLOs or SSOs
π
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SL = STOP LOSS
SSO = SELL STOP 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
