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✨ NZDCAD: ITF CURVE ANALYSIS (4D) ✨ (UPTREND)

Long
OANDA:NZDCAD   NZD/CAD
BLO2 @ 0.7975 ⏳
BLO1 @ 0.8033 ⏳
TP1 @ 0.81878 (We will get this TP again if PA reaches our BLO(s)
TP2 @ 0.86787
TP3 @ 0.8940
SLO1 @ 0.90749 ⏳
SLO2 @ 0.91950 ⏳

🔑
BLO = BUY LIMIT 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.

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