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U.S. Dollar / Canadian Dollar
Long
Jun 3, 2024
USDCAD: UT Curve Analysis
2
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(Based on the 2H Chart)
SLO2 @ 1.3754 ⏳
SLO1 @ 1.3737 ⏳
TP1 @ 2291
TP2 @ 2217
TP3 @ 2162
TP4 @ 2077
BSO @ 1.3630 ⏳
BLO1 @ 1.3617 ⏳
BLO2 @ 1.3598 ⏳
This is a Short-term Time Frame trade (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.
🔑
⏳ = PENDING ORDERS
BLO = BUY LIMIT ORDER
BSO = SELL STOP ORDER
UT = UPTREND
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
ProfessorCEWard
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Professor C. E. Ward
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Beyond Technical Analysis
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USDCAD
ProfessorCEWard
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Related publications
USDCAD: Curve Analysis (1H)
by ProfessorCEWard
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