(Position Trade)
SLO2 @ 4615 📉
SLO1 @ 4200 📉
TP1 @ 3410
TP2 @ 2745
TP3 @ 2255
TP4 @ 1550
BLO1 @ 1440 ⏳
BLO2 @ 875 ⏳
ADDITIONAL INFO:
🔥 Using this new ATH gives us a new HTF Curve
✍️ I'm anticipating the probability of POC @ 3489 will change from Support to Resistance
📉 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
⚠️ Once PA reaches Demand this will be our signal that the Market as a whole is returning to a healthy state
🔑
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):
— Shows the big picture, revealing major trends and economic factors.
— Less volatile, price movements are slower and smoother.
— Suitable for long-term trend trading and position trading.
— Requires less frequent monitoring but may offer fewer trading opportunities.
SLO2 @ 4615 📉
SLO1 @ 4200 📉
TP1 @ 3410
TP2 @ 2745
TP3 @ 2255
TP4 @ 1550
BLO1 @ 1440 ⏳
BLO2 @ 875 ⏳
ADDITIONAL INFO:
🔥 Using this new ATH gives us a new HTF Curve
✍️ I'm anticipating the probability of POC @ 3489 will change from Support to Resistance
📉 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
⚠️ Once PA reaches Demand this will be our signal that the Market as a whole is returning to a healthy state
🔑
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):
— Shows the big picture, revealing major trends and economic factors.
— Less volatile, price movements are slower and smoother.
— Suitable for long-term trend trading and position trading.
— Requires less frequent monitoring but may offer fewer trading opportunities.
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.
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.