🆕 EURUSD: Curve Analysis (6H) 🆕

(Based on the 6H Chart)

SLO2 @ 1.0967 ⏳
SLO1 @ 1.0939⏳
TP4 @ 1.0924
TP3 @ 1.0872
TP2 @ 1.0838
TP1 @ 1.0789
BLO1 @ 1.740 ⏳
BLO2 @ 1.0709 ⏳

ADDITIONAL INFO:
✍️ If this Curve Analysis continues to hold, there's still an additional +60 pips "on the table" as it continues this DT

⚠️ At any moment there's still the HIGH PROBABILITY of PA shorting as low as 1.0450 (27D)

This is an Intermediate Time Frame trade (4 hours to 6 day):

— Offers a clearer picture of the underlying trend compared to short-term frames.

— Provides more opportunities for confirmation signals and technical analysis.

— Allows for more flexible trading schedules, trades can be held overnight.

— Suitable for swing traders and some positional traders.

Commentaire:

💰 TP1, TP2, and TP3 have been satisfied.

🎯 Last stop for this uptrend is @ 1.0924

📈 I'm anticipating Price Action will continue the uptrend after reacting to one of the following Support Levels (which can also be used as BLOs):

1.0850
1.0830
1.0815

Commentaire:

🤑 Although I didn't mention it, I hope you took responsibility and placed a Manual Trailing Stop or +SL before the News came out and locked in your profit

📈 Now that we've profited from our BLO1, let's get ready to go long again from our BLO2 @ 1.0709

🚫 My Stop Loss and the Pivot Low are the same price. So if PA wicks down to our Pivot Low @ 1.0695, then I'm going to exit my Buy Limit trade and assume a continuation of the DT