✨ AUDCHF: ITF CURVE ANALYSIS (5D) ✨ (UPTREND)
BLO1 @ 0.5632 - TRIGGERED
BLO2 @ 0.5566 ⏳
TP1 @ 0.59807
TP2 @ 0.6285
TP3 @ 0.65369
TP3 @ 0.68883
SLO @ 0.69859⏳(DO NOT SET, ANTICIPATE PB/REANALYZE AFTER TP4)
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BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
NOTE: Because there is an opportunity for more immediate paychecks, I've decided to provide the daytrade view to combat the long term trade I just posted, which will take some time to play out. This not so much. Quicker profits and less wait... depending on the strategy. Either way, just sharing what I'm doing.
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.
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