ProfessorCEWard

✨USDCAD: HTF CURVE ANALYSIS (28D)✨

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
This long term curve analysis is reflective of a DOWNTREND

SLO2 @ 1.4410 ⏳
SLO1 @ 1.3845 📉
TP1 @ 1.2775
TP2 @ 1.1875
TP3 @ 1.1210
TP4 @ 1.0185
BLO1 @ 0.9940 ⏳
BLO2 @ 0.9340 ⏳

🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

High time frames (1 week to 1 year):

— Show 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.

— Require less frequent monitoring but may offer fewer trading opportunities.

Professor C. E. Ward
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