GBPCHF: ITF CURVE ANALYSIS (11H) - UPTREND

✨ GBPCHF: ITF CURVE ANALYSIS (11H) ✨ (UPTREND)

BLO2 @ 1.12907 ⏳
BLO1 @ 1.1324 ⏳
BSO1 @ 1.13333 ⏳
BSO2 @ 1.13442 ⏳
TP1 @ 1.13705
TP1a @ 1.1415
TP2 @ 1.15027
TP3 @ 115862
SLO1 @ 1.16094 ⏳
SLO2 @ 1.16553 ⏳

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

NOTE: We were able to get the full profit of the countertrend trade for this pair. Now, let's see if this range will allow for more profits as I anticipate a strong move to the upside. PA has already satisfied 10H demand, but is it good enough? I'm providing a look into my own personal trade. Let's see if I've got it right not....

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.