(Based on the 5H Chart)
RESISTANCE @ 6.9500
TP4 @ 6.9339
TP3 @ 6.9144
TP2 @ 6.9017 (mid-pivot)
TP1 @ 6.8835
BSO @ 6.8649 โณ
BLO @ 6.8535 โณ
Although the BIG PICTURE trend appears to be a DT, PA seems to want to retrace to the upside up to about 6.9500 (resistance) before returning to the DT
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
DT = DOWNTREND
PA= PRICE ACTION
TP = TAKE PROFIT
RESISTANCE @ 6.9500
TP4 @ 6.9339
TP3 @ 6.9144
TP2 @ 6.9017 (mid-pivot)
TP1 @ 6.8835
BSO @ 6.8649 โณ
BLO @ 6.8535 โณ
Although the BIG PICTURE trend appears to be a DT, PA seems to want to retrace to the upside up to about 6.9500 (resistance) before returning to the DT
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
DT = DOWNTREND
PA= PRICE ACTION
TP = TAKE PROFIT
Professor C. E. Ward
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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.
Professor C. E. Ward
Related publications
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.