✨ GBPCHF: ITF CURVE ANALYSIS (16H) ✨ (UPTREND)
BLO1 @ 1.1155 ⏳
BLO2 @ 1.1133 ⏳
MO @ 1.1162 - TRIGGERED
TP1 @ 1.1250
TP1a @ 1.1315 (Secret TP)
TP2 @ 1.1405
TP3 @ 1.14698
TP4 @ 1.1500
SLO1 @ 1.1505⏳
SLO2 @ 1.15224⏳
NOTE: I'm anticipating a small PB between 1.1180 & 1.1209 to at least BLO1 before this one takes off. Tight -SL at 1.1107 as this pair can swing hard. However, for the brave, MO long.
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
PB = PULLBACK
-SL = NEGATIVE STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
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.
BLO1 @ 1.1155 ⏳
BLO2 @ 1.1133 ⏳
MO @ 1.1162 - TRIGGERED
TP1 @ 1.1250
TP1a @ 1.1315 (Secret TP)
TP2 @ 1.1405
TP3 @ 1.14698
TP4 @ 1.1500
SLO1 @ 1.1505⏳
SLO2 @ 1.15224⏳
NOTE: I'm anticipating a small PB between 1.1180 & 1.1209 to at least BLO1 before this one takes off. Tight -SL at 1.1107 as this pair can swing hard. However, for the brave, MO long.
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
PB = PULLBACK
-SL = NEGATIVE STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
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.
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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.
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.