🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME 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.
Note
We've hit TP1 on this trade and are anticipating hitting TP2 before the turbulence happens. However, I'm analyzing again currently as there may be some current levels that will cause a PB. Will try to update as time permits.
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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.