✨ GBPCAD: ITF CURVE ANALYSIS (2D) ✨ (DOWNTREND)
SLO3 @ 1.78276 ⏳(POTENTIAL)
SLO2 @ 1.7815 - TRIGGERED
SLO1 @ 1.7805 - TRIGGERED
SSO1 @ 1.73188 ⏳
TP1 @ 1.65926
TP2 @ 1.5950
TP3 @ 1.55328
TP4 @ 1.48384
TP5 @ 1.4700 (Secret TP)
BLO1 @ 1.46716 ⏳ (DO NOT SET - SET PRICE ALERT)
BLO2 @ 1.42664 ⏳ (DO NOT SET - SET PRICE ALERT)
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
PA = PRICE ACTION
PB = PULLBACK
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
NOTE: MY VACATION IS OFFICIALLY OVER. PLEASE FORGIVE ME NOT POSTING THIS OPPORTUNITY SOONER BUT THESE ORDERS TRIGGERED EARLIER TODAY AND I WAS TIED UP AND WASN'T ABLE TO LET YOU ALL KNOW. HOWEVER, THIS TRADE IS WELL IN PLAY. THERE IS A CHANCE WITH NEWS COMING OUT SHORTLY THAT PA COULD PB TO OUR ENTRIES. HOWEVER, IF YOU DON'T WANT TO MISS THE BOAT, A MO IS A GOOD POSSIBLE IDEA. LET'S SEE WHAT HAPPENS WITH THIS OPPORTUNITY. BOOST IF YOU LIKE......
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.