NZD/CHF
Long
Updated

NZDCHF: ITF CURVE ANALYSIS (1D)

652
✨NZDCHF: ITF CURVE ANALYSIS (1D) ✨ (UPTREND)

BLO2 @ 0.5275 ⏳
BLO1 @ 0.5315 ⏳
BSO @ 0.5442 ⏳
TP1 @ 0.54637
TP2 @ 0.57091
TP3 @ 0.5864
TP4 @ 0.5900
SLO1 @ 0.59071 ⏳
SLO2 @ 0.59923 ⏳

🔑

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
Slow and steady she rolls. This trade is on course to perform exactly as the analysis is depicting. Just enjoy this ride if you've engaged. Add-on potential has been very good to us up to this point.
Note
IT'S GETTING TO BLOW......

PA has started to get back into the area we identified and has triggered our BLO orders for the long. I'll be setting my BSO now as well. It's time to exercise patience and begin to manage these orders as customary with all of my trades. Follow for more insight as we let this trade work itself out.

BLO2 @ 0.5275 - TRIGGERED
BLO1 @ 0.5315 - TRIGGERED
BSO @ 0.5442 ⏳
TP1 @ 0.54637
TP2 @ 0.57091
TP3 @ 0.5864
TP4 @ 0.5900
SLO1 @ 0.59071 ⏳
SLO2 @ 0.59923 ⏳
Note
NEW BLO ADDED AND TRIGGERED

BLO3 @ 0.5225 - TRIGGERED
BLO2 @ 0.5275 - TRIGGERED
BLO1 @ 0.5315 - TRIGGERED
BSO @ 0.5442 ⏳
TP1 @ 0.54637
TP2 @ 0.57091
TP3 @ 0.5864
TP4 @ 0.5900
SLO1 @ 0.59071 ⏳
SLO2 @ 0.59923 ⏳

Watching this one to ensure that we get the massive move out that I'm anticipating. All DCA orders are filled.... now I'll wait to see what this trade gives.

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