GBPCHF: ITF CURVE ANALYSIS (10H) - DT - ***COUNTERTREND TRADE***
✨ GBPCHF: ITF CURVE ANALYSIS (10H) ✨ (DOWNTREND)
SLO2 @ 1.1655 ⏳
SLO1 @ 1.1633 - TRIGGERED
TP1 @ 1.1522
TP1a @ 1.1485 (Secret TP)
TP2 @ 1.13944
TP3 @ 1.13108
BLO1 @ 1.12907⏳
NOTE: THIS IS A COUNTERTREND TRADE (CTT). RISK IS HIGHER WITH THIS TYPE OF TRADE AS PA DOESN'T RESPECT LEVELS AS NORMAL. HOWEVER, THIS CAN BE NAVIGATED. THIS IS NOT FOR EVERYONE!!!! I'M TESTING MY OWN SKILL AND RISK TOLERANCE WITH AN AGGRESSIVE -SL IN CASE PA TRIES TO CONTINUE IT'S TRENDING DIRECTION PRIOR TO ME SETTING A +SL ON THESE ORDERS.
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
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.
SLO2 @ 1.1655 ⏳
SLO1 @ 1.1633 - TRIGGERED
TP1 @ 1.1522
TP1a @ 1.1485 (Secret TP)
TP2 @ 1.13944
TP3 @ 1.13108
BLO1 @ 1.12907⏳
NOTE: THIS IS A COUNTERTREND TRADE (CTT). RISK IS HIGHER WITH THIS TYPE OF TRADE AS PA DOESN'T RESPECT LEVELS AS NORMAL. HOWEVER, THIS CAN BE NAVIGATED. THIS IS NOT FOR EVERYONE!!!! I'M TESTING MY OWN SKILL AND RISK TOLERANCE WITH AN AGGRESSIVE -SL IN CASE PA TRIES TO CONTINUE IT'S TRENDING DIRECTION PRIOR TO ME SETTING A +SL ON THESE ORDERS.
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
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
TP1 HIT!!!!!✨ GBPCHF: ITF CURVE ANALYSIS (10H) ✨ (DOWNTREND)
SLO2 @ 1.1655 ⏳
SLO1 @ 1.1633 - TRIGGERED
TP1 @ 1.1522 - TRIGGERED
TP1a @ 1.1485 (Secret TP)
TP2 @ 1.13944
TP3 @ 1.13108
BLO1 @ 1.12907⏳
Making our way to our secret TP prior to some support that may cause an entry PB. Shave or close out position there and re-enter once PA is back in motion.
Note
TP'S KEEP ON COMING!!! TP2 HAS BEEN BANKED!!!TP1 HIT!!!!!
✨ GBPCHF: ITF CURVE ANALYSIS (10H) ✨ (DOWNTREND)
SLO2 @ 1.1655 ⏳
SLO1 @ 1.1633 - TRIGGERED
TP1 @ 1.1522 - TRIGGERED
TP1a @ 1.1485 (Secret TP) - TRIGGERED
TP2 @ 1.13944
TP3 @ 1.13108
BLO1 @ 1.12907⏳
Let's see if we get a PB here or if our orders can keep on rolling....
Note
EXCUSE THE DELAY BUT YOUR ACCOUNT SHOULD HAVE IT ANY WAY!!!WE TP'ING!!!!! THIS TRADE IS OFFICIALLY IN THE BANK AND FINISHED. ALL TP'S HAVE BEEN SECURED AND ALL POSITIONS HAVE BEEN CLOSED OUT IN PROFIT!!
YOU'RE WELCOME
✨ GBPCHF: 10H) ✨ (DOWNTREND) - COUNTERTREND - FULLY BANKED!!!
SLO2 @ 1.1655 ⏳
SLO1 @ 1.1633 - TRIGGERED
TP1 @ 1.1522 - BANKED
TP1a @ 1.1485 (Secret TP) - BANKED
TP2 @ 1.13944 - BANKED
TP3 @ 1.13108 - BANKED
BLO1 @ 1.12907⏳ - REANALYZING TO MAKE AN OFFERING SHORTLY.
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.
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.