✨ SGDJPY: ITF CURVE ANALYSIS (1D) ✨ (UPTREND - CTT)
BLO1 @ 115.10 ⏳
BLO2 @ 114.95 ⏳
-SL @ 114.60
TP1 @ 115.95
TP2 @ 116.50
TP3 @ 117.50
SLO1 @ 117.93⏳
NOTE: Let's see if we can make some quality profit/pips on this rise to the upside before it begins its drop. If my analysis is correct, then we should see a PB down to the BLO's I've suggested. THIS IS A CTT (COUNTER TREND TRADE)! I'm using professional analysis, along with a tight -SL that's well within my R:R and position allotment for such a trade. If PA continues from current price & hits the zone prior to pulling back, this trade is void and I'll just stick with the short! Let's see how this plays out .....
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
-SL = NEGATIVE STOP LOSS
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.
BLO1 @ 115.10 ⏳
BLO2 @ 114.95 ⏳
-SL @ 114.60
TP1 @ 115.95
TP2 @ 116.50
TP3 @ 117.50
SLO1 @ 117.93⏳
NOTE: Let's see if we can make some quality profit/pips on this rise to the upside before it begins its drop. If my analysis is correct, then we should see a PB down to the BLO's I've suggested. THIS IS A CTT (COUNTER TREND TRADE)! I'm using professional analysis, along with a tight -SL that's well within my R:R and position allotment for such a trade. If PA continues from current price & hits the zone prior to pulling back, this trade is void and I'll just stick with the short! Let's see how this plays out .....
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
-SL = NEGATIVE STOP LOSS
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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.