🔄 WTICOUSD: Curve Analysis (5D) 🔄

West Texas Oil
SLO2 @ 125.33 ⏳
SLO1 @ 113.33 📉
TP1 @ 90.45 💰
TP2 @ 71.25 💰
TP3 @ 57.05
TP4 @ 35.15
BLO @ 17.15 ⏳

ADDITIONAL INFO:
🤑 As anticipated, PA has hit our TP1 and TP2

🤑 Combined Net Equity is @ +37.13%

🏆 POSITION TRADERS: THIS IS A +84.87% PROFIT OPPORTUNITY (SLO to TP)‼️

✍️ NOTE: Each TP is a POC where we expect market participation to switch from being supported by buyers to being resisted by sellers — USE THESE LEVELS AS SLOs or SSOs

🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SL = STOP LOSS
SSO = SELL STOP ORDER
SZ = SUPPLY ZONE
TP = TAKE PROFIT

This is an Intermediate Time Frame trade (4 hours to 6 day):

— Offers a clearer picture of the underlying trend compared to short-term frames.

— Provides more opportunities for confirmation signals and technical analysis.

— Allows for more flexible trading schedules, trades can be held overnight.

— Suitable for swing traders and some positional traders.