ProfessorCEWard

πŸ”₯ NZDCAD: HTF CURVE ANALYSIS (18D) πŸ”₯

Short
OANDA:NZDCAD   NZD/CAD
(DOWNTREND)

SLO @ 0.9361 πŸ“‰
+SL @ 0.8820 🚫
TP1 @ 0.8650 πŸ’°
SLO2 @ 0.8440 ⏳ (add-on) πŸ”₯
SLO1 @ 0.8420 ⏳ (add-on) πŸ”₯
TP2 @ 0.8040 πŸ’°
TP3 @ 0.7600
TP4 @ 0.6900
BLO1 @ 0.6740 ⏳
BLO2 @ 0.6340 ⏳

ADDITIONAL INFO:
🚫 I'm holding my +SL @ 0.8820

πŸ€‘ We're up +1010 pips since our SLO

πŸ“‰ New SLO1/SLO2 to add-on to this short position

πŸ”‘
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

Long-term time frames (1 week to 1 year):

β€” Shows the big picture, revealing major trends and economic factors.

β€” Less volatile, price movements are slower and smoother.

β€” Suitable for long-term trend trading and position trading.

β€” Requires less frequent monitoring but may offer fewer trading opportunities.

Professor C. E. Ward
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