✨ USDSGD: ITF CURVE ANALYSIS (11H) ✨ (DOWNTREND)
SLO2 @ 1.3517 ⏳
SLO1 @ 1.3435 - TRIGGERED
SSO @ 1.33573
TP1 @ 1.30517
TP2 @ 1.27948
TP3 @ 1.26056
TP4 @ 1.2500 (MAY CLOSE ALL ORDERS HERE-WILL WATCH PA ONCE TRIGGERED)
TP5 @ 1.23150
BLO1 @ 1.2485⏳(BASED ON HTF)
BLO1 @ 1.22432⏳(BASED ON ITF)
NOTE: ONCE PA BREAKS THROUGH THIS SUPPORT I'VE IDENTIFIED, I'LL USE CAUTION AFTER TP4 SINCE THE 5W IS SHOWING A DECENT DZ THAT PA COULD PLAY IN TO CREATE THE REVERSAL TO THE UPSIDE.
🔑
BLO = BUY LIMIT ORDER
DZ = DEMAND ZONE
HTF = HIGH TIMEFRAME
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
SSO = SELL STOP 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.
SLO2 @ 1.3517 ⏳
SLO1 @ 1.3435 - TRIGGERED
SSO @ 1.33573
TP1 @ 1.30517
TP2 @ 1.27948
TP3 @ 1.26056
TP4 @ 1.2500 (MAY CLOSE ALL ORDERS HERE-WILL WATCH PA ONCE TRIGGERED)
TP5 @ 1.23150
BLO1 @ 1.2485⏳(BASED ON HTF)
BLO1 @ 1.22432⏳(BASED ON ITF)
NOTE: ONCE PA BREAKS THROUGH THIS SUPPORT I'VE IDENTIFIED, I'LL USE CAUTION AFTER TP4 SINCE THE 5W IS SHOWING A DECENT DZ THAT PA COULD PLAY IN TO CREATE THE REVERSAL TO THE UPSIDE.
🔑
BLO = BUY LIMIT ORDER
DZ = DEMAND ZONE
HTF = HIGH TIMEFRAME
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
SSO = SELL STOP 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.