ProfessorCEWard

πŸ”₯ EURJPY: LTF CURVE ANALYSIS (2H) πŸ”₯

Short
OANDA:EURJPY   Euro / Japanese Yen
(DOWNTREND)

SLO2 @ 159.40 ⏳
SLO1 @ 158.75 ⏳
TP1 @ 157.50
TP2 @ 156.50
TP3 @ 157.70
TP4 @ 154.50
BLO1 @ 154.20 ⏳
BLO2 @ 153.50 ⏳

ADDITIONAL NOTES:
πŸ“ˆ PA could react to Support @ 157.02 (1H) and give us the bounce we'll need to catch either of these Sell Limit Orders

πŸ”‘
BLO = BUY LIMIT ORDER
LTF = LOW TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

Short-term time frames (1-minute to 3 hour):

β€” Highly volatile, price movements can be fast and unpredictable.

β€” Suitable for day trading and scalping, but require constant monitoring and quick decision-making.

β€” Not ideal for beginners due to the risk and stress involved.

Professor C. E. Ward
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