✨USDCAD: ITF CURVE ANALYSIS (12H)✨

This intermediate curve analysis is reflective of a DOWNTREND

SLO2 @ 1.3860 ⏳
SLO1 @ 1.3775 📉
TP1 @ 1.3625 💰
TP2 @ 1.3500 💰
TP3 @ 1.3400 💰
TP4 @ 1.3255
BLO1 @ 1.3220 ⏳
BLO2 @ 1.3133 ⏳

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

Intermediate time frames (4 hours to 1 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 closed: target reached:

💵 WE HIT ALL OF OUR TPs 💵

SLO2 @ 1.3860 ⏳
SLO1 @ 1.3775 📉
TP1 @ 1.3625 💰
TP2 @ 1.3500 💰
TP3 @ 1.3400 💰
TP4 @ 1.3255 💰
BLO1 @ 1.3220 📈 triggered
BLO2 @ 1.3133 ⏳

🤑 GROSS EQUITY @ +520 pips 🤑

📈 Our BLO is triggered