USDDKK: ITF CURVE ANALYSIS (17H) - (DOWNTREND)

✨ USDDKK: ITF CURVE ANALYSIS (17H) ✨ (DOWNTREND)

SLO2 @ 7.0950 ⏳
SLO1 @ 7.0650 ⏳
SSO @ 7.05928 ⏳
TP1 @ 6.95821
TP2 @ 6.87327
TP3 @ 6.81071
TP4 @ 6.71407
TP5 @ 6.6925 (Secret TP)
BLO1 @ 6.69086 ⏳ (DO NOT SET - LET PA PASS PRICE/THEN SET AS BSO)
BLO1A @ 6.6750 ⏳(POTENTIAL FOR REAL BLO)
BLO2 @ 6.63447 ⏳

🔑

BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT

NOTE: IF you followed my last trade on this pair, we took profit on all of our TP's. It took a couple of months, but that was to be expected and well worth the wait. Let's see if we can do it again.....

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.