✨ 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 ⏳

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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.