✨ AUDJPY: ITF CURVE ANALYSIS (4D/1D) ✨ (DOWNTREND)
SLO2 @ 98.62 ⏳
SLO1 @ 97.70 ⏳
TP1 @ 88.241
TP2 @ 77.30
TP3 @ 68.475
BLO1 @ 66.595 ⏳
BLO2 @ 62.03 ⏳
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
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.
SLO1 @ 97.70 ⏳
TP1 @ 88.241
TP2 @ 77.30
TP3 @ 68.475
BLO1 @ 66.595 ⏳
BLO2 @ 62.03 ⏳
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
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.