NZD/CAD
Short
Updated

NZDCAD: ITF CURVE ANALYSIS (4D) - (UPDATE) DOWNTREND ADD-ONS!!

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✨ NZDCAD: ITF CURVE ANALYSIS (4D) ✨ (DOWNTREND)

SLO2 @ 0.8525 - TRIGGERED (RUNNING/SHAVED)
SLO1 @ 0.8450 - TRIGGERED (RUNNING/SHAVED)
SLO2 @ 0.8350 ⏳ (ADD-ON)
SLO1 @ 0.8325 ⏳ (ADD-ON)
SSO @ 0.82878 ⏳ (ADD-ON)
MO @ 0.8315 - TRIGGERED (ADD-ON)
TP1 @ 0.83364 - TRIGGERED
TP1a @ 0.8266 (Secret TP)
TP2 @ 0.81702
TP3 @ 0.80614
BLO1 @ 0.80352 ⏳ (DO NOT SET YET - ONLY PRICE ALERTS)
BLO2 @ 0.79717 ⏳ (DO NOT SET YET - ONLY PRICE ALERTS)

🔑

BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

NOTE: Our SLO's have already triggered and this trade is running strong. I've found a few areas (4 add-on orders) I see PA reacting at to continue the DT. Just sharing in this space for those who want to watch it happen.


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
TP SECURED! PROFITS IN THE BANK!!!

NZDCAD: ITF CURVE ANALYSIS (4D) ✨ (DOWNTREND)

SLO2 @ 0.8525 - TRIGGERED (RUNNING/SHAVED)
SLO1 @ 0.8450 - TRIGGERED (RUNNING/SHAVED)
SLO2 @ 0.8350 ⏳ (ADD-ON) - didn't trigger :-(
SLO1 @ 0.8325 ⏳ (ADD-ON) - TIRGGERED
SSO @ 0.82878 ⏳ (ADD-ON) - TRIGGERED
MO @ 0.8315 - TRIGGERED (ADD-ON)
TP1 @ 0.83364 - TRIGGERED AND BANKED
TP1a @ 0.8266 (Secret TP) - TRIGGERED AND BANKED
TP2 @ 0.81702
TP3 @ 0.80614
BLO1 @ 0.80352 ⏳ (DO NOT SET YET - ONLY PRICE ALERTS)
BLO2 @ 0.79717 ⏳ (DO NOT SET YET - ONLY PRICE ALERTS)

We're well on our way to TP2. I'll be reanalyzing this trade to provide an update shortly.
Note
FORGOT TO UPDATE THIS BUT I'M SURE YOU SEE THAT WE WERE ABLE TO BANK OUR TP2 FULLY BEFORE PA RETRACED ALL THE WAY BACK TO OUR ORGINAL SELL ORDER ENTRY PRICES. THANKFULLY I WAS ABLE TO CLOSE OUT ALL ADD-ONS FOR PROFIT. I'LL REANALZE THIS CHART AND SEND MY UPDATED FINDING... WHICH ARE ABOUT THE SAME. NEW ORDER AT 0.8475 WAS ALREADY TRIGGERED SO THE UPDATE WILL FEATURE THE NEXT PRICE OPPORTUNITY TO JUMP IN FOR THIS ONE.

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