ProfessorCEWard

✨ BTCUSD: ITF CURVE ANALYSIS (3D) ✨

Corto
OANDA:BTCUSD   Bitcoin
(DOWNTREND)

-SL @ 45960 🚫
SLO @ 44915 ⏳
SSO @ 43925 ⏳
TP1 @ 38800
TP2 @ 35425
TP3 @ 32950
TP4 @ 29100
BLO1 @ 28180 ⏳
BLO2 @ 25950 ⏳
SUPPORT @ 26450

ADDITIONAL INFO:
🤔 Now that PA has reached a major Resistance level @ 45956, this Curve Analysis on the 2D chart has the probability of holding the DT. If so, we're going to be setup some major profit

📊 This is a VERY VOLATILE PAIR. Position Size should be no greater than 3% of your NAV

⚠️ For those who don't mind a little risk, you can place a MO-Short

🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
NAV = NET ASSET VALUE
SSO = SELL STOP ORDER
TP = TAKE PROFIT

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.

Professor C. E. Ward
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