(Position Trade)
SLO2 @ 4615 ๐
SLO1 @ 4200 ๐
TP1 @ 3410
TP2 @ 2745
TP3 @ 2255
TP4 @ 1550
BLO1 @ 1440 โณ
BLO2 @ 875 โณ
ADDITIONAL INFO:
๐ฅ Using this new ATH gives us a new HTF Curve
โ๏ธ I'm anticipating the probability of POC @ 3489 will change from Support to Resistance
๐ If this curve holds, then we should expect a MASSIVE MARKET CRASH down to the mean around 1440
Major Support (Proximal) @ 1707.80
Major Support (Distal) 1342.60
โ ๏ธ Once PA reaches Demand this will be our signal that the Market as a whole is returning to a healthy state
๐
ATH = ALL TIME HIGH
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Long-term time frames (1 week to 1 year):
โ Shows the big picture, revealing major trends and economic factors.
โ Less volatile, price movements are slower and smoother.
โ Suitable for long-term trend trading and position trading.
โ Requires less frequent monitoring but may offer fewer trading opportunities.
SLO2 @ 4615 ๐
SLO1 @ 4200 ๐
TP1 @ 3410
TP2 @ 2745
TP3 @ 2255
TP4 @ 1550
BLO1 @ 1440 โณ
BLO2 @ 875 โณ
ADDITIONAL INFO:
๐ฅ Using this new ATH gives us a new HTF Curve
โ๏ธ I'm anticipating the probability of POC @ 3489 will change from Support to Resistance
๐ If this curve holds, then we should expect a MASSIVE MARKET CRASH down to the mean around 1440
Major Support (Proximal) @ 1707.80
Major Support (Distal) 1342.60
โ ๏ธ Once PA reaches Demand this will be our signal that the Market as a whole is returning to a healthy state
๐
ATH = ALL TIME HIGH
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Long-term time frames (1 week to 1 year):
โ Shows the big picture, revealing major trends and economic factors.
โ Less volatile, price movements are slower and smoother.
โ Suitable for long-term trend trading and position trading.
โ Requires less frequent monitoring but may offer fewer trading opportunities.
Professor C. E. Ward
