oktane

✨ NZDCAD: HTF CURVE ANALYSIS (21D) ✨ (DOWNTREND)

Short
OANDA:NZDCAD   NZD/CAD
SLO2 @ 0.9325 ⏳
SLO1 @ 0.9105 ⏳
TP1 @ 0.8642 (Potential to secure again if PA reaches our SLO1)
TP2 @ 0.75917
TP3 @ 0.69036
BLO1 @ 0.67382 ⏳
BLO2 @ 0.6345 ⏳

🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

Long-term time frames (1 week to 1 year):

— Shows the big picture, revealing major trends and economic factors.

— Less volatile, price movements are slower and smoother.

— Suitable for long-term trend trading and position trading.

— Requires less frequent monitoring but may offer fewer trading opportunities.

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