NZDCHF: ITF CURVE ANALYSIS (1D) - UPTREND✨ NZDCHF: ITF CURVE ANALYSIS (1D) ✨ (UPTREND)
SLO2 @ 0.67673 ⏳ (May not make it up here)
SLO1 @ 0.64948 ⏳
TP3 @ 0.64026
TP2 @ 0.60709
TP1a @ 0.5850 (Secret TP)
TP1 @ 0.55457
BSO @ 0.5250 - TRIGGERED (CAN WAIT FOR IT TO HIT AGAIN OR MO NOW)
BLO1 @ 0.52289 - TRIGGERED
BLO2 @ 0.50352 - TRIGGERED
🔑
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
NOTE: I wasn't going to share this one but once my add-on triggered, I made it my BSO for all to see as PA may play in this area before giving the move out I'm anticipating. Plus there is a ton of profit potential left on this trade. PLEASE BE ADVISED.... DON'T WASTE UNITS ON THIS PAIR.... IT WILL MOVE SLOWLY. BE CONSERVATIVE AND PATIENT. DON'T OVERLEVERAGE. I NORMALLY ONLY PLACE NO MORE THAN 3 ORDERS ON THIS PAIR AS NOT TO TIE UP CAPITAL... I'D ENCOURAGE THE SAME TO ANYONE LISTENING. We'll check in on this one after a month or so.... hang tight.
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.