ProfessorCEWard

✨ AUDUSD: Curve Analysis (50m)✨

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
TP5 @ 0.6485
TP4 @ 0.6470
TP3 @ 0.6425
TP2 @ 0.6395
TP1 @ 0.6350
BLO1 @ 0.6310 ⏳(moderate)
BLO2 @ 0.6285 ⏳(conservative)

ADDITIONAL INFO:
💵 You can DCA these Buy Orders

📈 Or just place the conservative position

🔑
BLO = Buy Limit Order
DCA = Dollar-Cost Average
PA = Price Action
PB = Pull Back
SLO = Sell Limit Order
⏳= PENDING

NOTE: Dollar-cost averaging (DCA) is an investment strategy in which a trader splits their position size into smaller position sizes at different price points. This strategy is designed to reduce the risk of buying at the wrong time and to lower the average cost per unit of currency.

Professor C. E. Ward
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.