✨ USDDKK: ITF CURVE ANALYSIS (5H) ✨ (DOWNTREND)
SLO2 @ 7.0233 ⏳
SLO1 @ 7.0010 ⏳
TP1 @ 6.95344
TP2 @ 6.88402
TP3 @ 6.83853
BLO1 @ 6.82761⏳ (SET AFTER CONFIRMATION)
BLO1 @ 6.80107⏳ (SET AFTER CONFIRMATION)
🔑
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.
SLO2 @ 7.0233 ⏳
SLO1 @ 7.0010 ⏳
TP1 @ 6.95344
TP2 @ 6.88402
TP3 @ 6.83853
BLO1 @ 6.82761⏳ (SET AFTER CONFIRMATION)
BLO1 @ 6.80107⏳ (SET AFTER CONFIRMATION)
🔑
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
I'm shaving off a portion of all my orders on this trade. Need to make room for a few new trades on the horizon. If you agreed with my analysis on this trade you're eating very good. For you help, as we've secured profits on TP's 1 & 2. I accidentally fully closed 3 order but will shave the remaining 3 to half unit sizes. Be alerted that there is a potential for a decent PB (pullback) on the horizon. Please protect your capital with a +SL or trailing stop. Have a great weekend.Note
As anticipated, PA did exactly as my analysis shows. We're approaching TP3 and have shaved or closed all of my add-on and allowing the 3 highest orders to run at full capacity. We're approaching some pivotal levels. Once all TP's are secured, I'll be updating and providing a new analysis for your pleasure or critique. We'll see what happens...Note
THIS TRADE HAS COMPLETELY CLOSED OUT IN PROFIT ON ALL TP'S AS OF 8:17AM 7/12. NEW OPPORTUNITY TO COME. HOPE YOU ENJOYED.
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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.