ProfessorCEWard

🔥 GBPZAR: Curve Analysis (6W) 🔥

Short
OANDA:GBPZAR   GBP/ZAR
SLO2 @ 24.40 ⏳
SLO1 @ 23.90 ⏳
TP1 @ 20.15
TP2 @ 17.75
TP3 @ 16.00
TP4 @ 13.25
BLO @ 12.50 ⏳

ADDITIONAL INFO:
🤔 If this HTF Curve Analysis holds on this 3H chart, then we'll have an opportunity to short

🏆 POSITION TRADERS: +45.70% or 111,500 pip OPPORTUNITY (max)‼️

✍️ NOTE: Each TP is a POC where we expect market participation to switch from being supported by buyers to being resisted by sellers — USE THESE LEVELS AS SLOs or SSOs for your add-ons.

🔑
LTF = LOW TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT

Short-term time frames (1-minute to 3 hour):

— Highly volatile, price movements can be fast and unpredictable.

— Suitable for day trading and scalping, but require constant monitoring and quick decision-making.

— Not ideal for beginners due to the risk and stress involved.

Professor C. E. Ward
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.