GBPCHF: ITF CURVE ANALYSIS (3D) - UPTREND

✨ GBPCHF: ITF CURVE ANALYSIS (3D) ✨ (UPTREND)

SLO2 @ 1.16265 ⏳
SLO1 @ 1.1522 ⏳
TP4 @ 1.1500 (Secret TP)
TP3 @ 1.14698
TP2 @ 1.12804
TP1 @ 1.09806
BLO1 @ 1.0850⏳ (EARLY ENTRY - NEW)
BLO2/BSO @ 1.0840⏳ (EARLY ENTRY - NEW)
BLO3 @ 1.0820⏳ (EARLY ENTRY - NEW)
BLO4 @ 1.07997⏳ - TRIGGERED

NOTE: THE OTHER SIDE OF THE FENCE. CURRENT ORDER FOR LONG IS ACTIVE!!!! POTENTIAL TO WATCH THIS FULLY PLAY OUT IS DETAILED ON THE COUNTER ACTION OF THIS PAIR (wink wink). PA HAS THE POTENTIAL OF GETTING BACK TO MY ORIGINAL ENTRY. IF IT DOES, THE OPPORTUNITY TO GET TP1 AGAIN IS HIGH. LET'S SEE HOW THIS PLAYS OUT....

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BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
PA - PRICE ACTION
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.