✨ GBPCAD: ITF CURVE ANALYSIS (2D) ✨ (DOWNTREND)
-SL @ 1.78887 (CONSERVATIVE)
-SL @ 1.78276 (AGGRESSIVE)
SLO2 @ 1.7815 ⏳
MO OR SSO @ 1.7805 - TRIGGERED/⏳
SSO2 @ 1.73188 ⏳
TP1 @ 1.65926
TP2 @ 1.5950
TP3 @ 1.55328
TP4 @ 1.48384
BLO1 @ 1.46716⏳
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
-SL = NEGATIVE STOP LOSS
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
NOTE: This trade is active. I freely went MO to ensure a decent entry while placing the others as listed above. Going to see if we can get this one as the R:R is well for me to take this risk. You will see an aggressive -SL and a conservative -SL. If you're wondering, I'm using both. Let's see how this plays out..
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
-SL @ 1.78887 (CONSERVATIVE)
-SL @ 1.78276 (AGGRESSIVE)
SLO2 @ 1.7815 ⏳
MO OR SSO @ 1.7805 - TRIGGERED/⏳
SSO2 @ 1.73188 ⏳
TP1 @ 1.65926
TP2 @ 1.5950
TP3 @ 1.55328
TP4 @ 1.48384
BLO1 @ 1.46716⏳
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
-SL = NEGATIVE STOP LOSS
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
NOTE: This trade is active. I freely went MO to ensure a decent entry while placing the others as listed above. Going to see if we can get this one as the R:R is well for me to take this risk. You will see an aggressive -SL and a conservative -SL. If you're wondering, I'm using both. Let's see how this plays out..
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
Note
HEY ALL, TRADE IS TAKING CARE OF ITSELF. THOUGHT I HAD UPDATED THIS BUT MUST HAVE MISSED IT. I'VE MOVED MY SSO2 UP FROM 1.73188 TO 1.7700. IF YOU HAVE SOMETHING DIFFERENT...SHARE AND LET'S COMPARE.
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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.