🔄 WTICOUSD: Curve Analysis (5D) 🔄

West Texas Oil
SLO @ 90.75 ⏳
TP5 @ 89.15
TP4 @ 86.85
TP3 @ 83.33
TP2 @ 79.50
TP1 @ 74.15
BLO @ 68.60 📈

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

🤑 Net Equity is @ +8.09%

🏆 SWING TRADERS: +29.96% PROFIT OPPORTUNITY (max)‼️

✍️ 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 BLOs or BSOs for your add-ons.

🔑
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
POC = POINT OF CONTROL
SL = STOP LOSS
SLO = SELL LIMIT 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.