ProfessorCEWard

✨ EURUSD: ITF CURVE ANALYSIS (1D) ✨

Short
OANDA:EURUSD   Euro / U.S. Dollar
This intermediate curve analysis is reflective of a DOWNTREND

SLO2 @ 1.1190 ⏳
SLO1 @ 1.1015 📉
TP1 @ 1.0685
TP2 @ 1.0410
TP3 @ 1.0200
TP4 @ 0.9885
BLO1 @ 0.9805 ⏳
BLO2 @ 0.9625 ⏳

🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

Intermediate time frames (4 hours to 1 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.

Professor C. E. Ward
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