USDCAD: ITF CURVE ANALYSIS (5D/12H) - DOWNTREND
✨ USDCAD: ITF CURVE ANALYSIS (5D/12H) ✨ (DOWNTREND)
SLO2 @ 1.40354 ⏳
SLO1 @ 1.4020 ⏳
MO @ 1.4000 - TIRGGERED (FOR THE BRAVE)
SSO1 @ 1.38219 ⏳
TP1 @ 1.34155
TP2 @ 1.30740
TP3 @ 1.28224
TP4 @ 1.24338
TP5 @ 1.2150 (Secret TP)
BLO1 @ 1.23404 ⏳ (DO NOT SET - ALLOW PA TO PASS/THEN SET AS BSO)
BLO2 @ 1.21137 ⏳
🔑
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
NOTE: This pair owes me money.... angry trade. FOR VIEWING PURPOSES ONLY.....LOL
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 @ 1.40354 ⏳
SLO1 @ 1.4020 ⏳
MO @ 1.4000 - TIRGGERED (FOR THE BRAVE)
SSO1 @ 1.38219 ⏳
TP1 @ 1.34155
TP2 @ 1.30740
TP3 @ 1.28224
TP4 @ 1.24338
TP5 @ 1.2150 (Secret TP)
BLO1 @ 1.23404 ⏳ (DO NOT SET - ALLOW PA TO PASS/THEN SET AS BSO)
BLO2 @ 1.21137 ⏳
🔑
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
NOTE: This pair owes me money.... angry trade. FOR VIEWING PURPOSES ONLY.....LOL
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.
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.