(Based the 5H Chart)
β οΈ EXTREMELY HIGH-RISK RETRACEMENTβ οΈ
1οΈβ£ EURUSD...UT
TP4 @ 1.0833
TP3 @ 1.0785
TP2 @ 1.0754
TP1 @ 1.0709
BSO2 @ 1.0664 β³
BSO1 @ 1.0636 β³
-SL @ 1.0623 (aggressive) π«
2οΈβ£ USDDKK...DT
-SL @ 7.0233 (aggressive) π«
SSO1 @ 7.0418 β³
SSO2 @ 6.9977 β³
TP1 @ 6.9652
TP2 @ 6.9379
TP3 @ 6.9178
TP4 @ 6.8867
ADDITIONAL INFO:
π If PA retraces from here β and that's a big IF β then we have some big money on the table.
1οΈβ£π EURUSD Curve Analysis, IF it retraces back to the upside
2οΈβ£π USDDKK Curve Analysis, IF it retraces back to the downside
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.
π
BSO = BUY STOP ORDER
DT = DOWNTREND
SSO = SELL STOP ORDER
TP = TAKE PROFIT
UT = UPTREND
β οΈ EXTREMELY HIGH-RISK RETRACEMENTβ οΈ
1οΈβ£ EURUSD...UT
TP4 @ 1.0833
TP3 @ 1.0785
TP2 @ 1.0754
TP1 @ 1.0709
BSO2 @ 1.0664 β³
BSO1 @ 1.0636 β³
-SL @ 1.0623 (aggressive) π«
2οΈβ£ USDDKK...DT
-SL @ 7.0233 (aggressive) π«
SSO1 @ 7.0418 β³
SSO2 @ 6.9977 β³
TP1 @ 6.9652
TP2 @ 6.9379
TP3 @ 6.9178
TP4 @ 6.8867
ADDITIONAL INFO:
π If PA retraces from here β and that's a big IF β then we have some big money on the table.
1οΈβ£π EURUSD Curve Analysis, IF it retraces back to the upside
2οΈβ£π USDDKK Curve Analysis, IF it retraces back to the downside
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.
π
BSO = BUY STOP ORDER
DT = DOWNTREND
SSO = SELL STOP ORDER
TP = TAKE PROFIT
UT = UPTREND
Comment:
Although our aggressive SL was triggered, I'll be re-posting the following update to this analysis.
Comment:
π EURUSD & USDDKK: Curve Analysis π
(Based the 5H Chart)
β οΈ EXTREMELY HIGH-RISK RETRACEMENT β οΈ
1οΈβ£ EURUSD...UT
TP4 @ 1.0828
TP3 @ 1.0777
TP2 @ 1.0743
TP1 @ 1.0695
BSO2 @ 1.0645 β³
BSO1 @ 1.0615 β³
-SL @ 1.0601 (aggressive) π«
2οΈβ£ USDDKK...DT
-SL @ 7.0383 (aggressive) π«
SSO1 @ 7.0292 β³
SSO2 @ 7.0106 β³
TP1 @ 6.9752
TP2 @ 6.9455
TP3 @ 6.9236
TP4 @ 6.8897
BLO1 @ 6.8816 β³
BLO2 @ 6.8619 β³
-SL @ 6.8526 (aggressive) π«
ADDITIONAL INFO:
π Since PA has begun retracing from here, then that big money is still of the table.
1οΈβ£π EURUSD Curve Analysis, IF it retraces back to the upside
2οΈβ£π USDDKK Curve Analysis, IF it retraces back to the downside
π EURUSD & USDDKK: Curve Analysis π
(Based the 5H Chart)
β οΈ EXTREMELY HIGH-RISK RETRACEMENT β οΈ
1οΈβ£ EURUSD...UT
TP4 @ 1.0828
TP3 @ 1.0777
TP2 @ 1.0743
TP1 @ 1.0695
BSO2 @ 1.0645 β³
BSO1 @ 1.0615 β³
-SL @ 1.0601 (aggressive) π«
2οΈβ£ USDDKK...DT
-SL @ 7.0383 (aggressive) π«
SSO1 @ 7.0292 β³
SSO2 @ 7.0106 β³
TP1 @ 6.9752
TP2 @ 6.9455
TP3 @ 6.9236
TP4 @ 6.8897
BLO1 @ 6.8816 β³
BLO2 @ 6.8619 β³
-SL @ 6.8526 (aggressive) π«
ADDITIONAL INFO:
π Since PA has begun retracing from here, then that big money is still of the table.
1οΈβ£π EURUSD Curve Analysis, IF it retraces back to the upside
2οΈβ£π USDDKK Curve Analysis, IF it retraces back to the downside
Professor C. E. Ward