✨ USDDKK: ITF CURVE ANALYSIS (11H) ✨ (UPTREND)
BLO3 @ 6.8010 (or early entry - 6.8033) ⏳
BLO2 @ 6.8133 ⏳
BLO1 @ 6.82761 ⏳
TP1 @ 6.87101
TP1a @ 6.9100 (Secret TP)
TP2 @ 6.94294
TP3 @ 6.98839
SLO1 @ 7.0010 ⏳
SLO @ 7.0233 ⏳
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
RT = RETRACEMENT
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
NOTE: We were able to clean up on the way down in our previous trade. Now, let's see what we have going in the opposite direction. I believe I've identified a nice RT pattern that should help us secure each of these TP's. THIS IS NOT FOR EVERYONE!!! I'm just posting here to test/enhance my personal skill and to keep myself accountable while tracking.
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.
BLO3 @ 6.8010 (or early entry - 6.8033) ⏳
BLO2 @ 6.8133 ⏳
BLO1 @ 6.82761 ⏳
TP1 @ 6.87101
TP1a @ 6.9100 (Secret TP)
TP2 @ 6.94294
TP3 @ 6.98839
SLO1 @ 7.0010 ⏳
SLO @ 7.0233 ⏳
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
RT = RETRACEMENT
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
NOTE: We were able to clean up on the way down in our previous trade. Now, let's see what we have going in the opposite direction. I believe I've identified a nice RT pattern that should help us secure each of these TP's. THIS IS NOT FOR EVERYONE!!! I'm just posting here to test/enhance my personal skill and to keep myself accountable while tracking.
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'RE ACTIVE!!!!!✨ USDDKK: ITF CURVE ANALYSIS (11H) ✨ (UPTREND)
BLO3 @ 6.8010 (or early entry - 6.8033) ⏳
BLO2 @ 6.8133 ⏳
BLO1 @ 6.82761 - TRIGGERED
TP1 @ 6.87101
TP1a @ 6.9100 (Secret TP)
TP2 @ 6.94294
TP3 @ 6.98839
SLO1 @ 7.0010 ⏳
SLO @ 7.0233 ⏳
OUR first BLO has triggered and our BLO2 barely missed triggering. There's still an opportunity however, if it doesn't trigger another limit order, I'll be looking for a BSO (buy stop order) to companion this first order. Let's let it work itself out.
Note
TP1 IS IN THE BANK!!! LOOKING FOR SOME ADD-ON OPPORTUNITIES. I'm still holding onto the original lower BLO's just in case PA comes back to grab them for us. UPDATES ARE BELOW...
BLO3 @ 6.8010 (or early entry - 6.8033) ⏳
BLO2 @ 6.8133 ⏳
BLO1 @ 6.82761 - TRIGGERED
TP1 @ 6.87101 - BANKED!!!!
TP1a @ 6.9100 (Secret TP)
TP2 @ 6.94294
TP3 @ 6.98839
SLO1 @ 7.0010 ⏳
SLO @ 7.0233 ⏳
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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.
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.