🔥 USDCAD: ITF CURVE ANALYSIS (12H) 🔥

(UPTREND)

TP5 @ 1.3860
TP4 @ 1.3790
TP3 @ 1.3735
TP2 @ 1.3590
TP1 @ 1.3495
BLO1 @ 1.3220 📈 +145 pips
BLO2 @ 1.3360 ⏳(add-on) ✨

ADDITIONAL INFO:
✍️ In preparation of this morning's USD/CAD News, I've added a new Sell Limit Order (see above)

🤑 Since out BLO1, our current Net Equity is @ +145 pips or +1.10%

🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
TP = TAKE PROFIT

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.

Trade active:

USDCAD...UT

🔥 BUY ORDER ADD-ONS 🔥
BSO @ 1.3360
BLO @ 1.3357

Trade active:

🔥 USDCAD: ITF CURVE ANALYSIS (1D) 🔥
(UPTREND)

TP5 @ 1.3860
TP4 @ 1.3790
TP3 @ 1.3735
TP2 @ 1.3590
TP1 @ 1.3475 💰 +276 pips
BSO2 @ 1.3495 📈(previously TP1) 😮
BLO1 @ 1.3475 📈
BLO1 @ 1.3219 📈
-SL @ 1.3456 🚫 (aggressive)
-SL @ 1.3415 🚫 (moderate)
-SL @ 1.343 🚫 (conservative)

ADDITIONAL INFO

📊 Here's another suggestion for a BSO @ 1.3495

🔑
ITF = INTERMEDIATE TIME FRAME
SL = STOP LOSS
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
TP = TAKE PROFIT
📈 = triggered

This is an Intermediate Time Frame trade (4 hours to 6 day):

— Offers a clearer picture of the underlying trend compared to short-term frames.

— Provides more opportunities for confirmation signals and technical analysis.

— Allows for more flexible trading schedules, trades can be held overnight.

— Suitable for swing traders and some positional traders.