NZDCHF: ITF CURVE ANALYSIS (1D)✨NZDCHF: ITF CURVE ANALYSIS (1D) ✨ (UPTREND)
BLO2 @ 0.5275 ⏳
BLO1 @ 0.5315 ⏳
BSO @ 0.5442 ⏳
TP1 @ 0.54637
TP2 @ 0.57091
TP3 @ 0.5864
TP4 @ 0.5900
SLO1 @ 0.59071 ⏳
SLO2 @ 0.59923 ⏳
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BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
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.