🔄 EURUSD: UPDATE 🔄

(Based on the 4H Curve Analysis)

SLO2 @ 1.1066 📉
TP1 @ 1.0905 💰
SLO1 @ 1.0845 ⏳
SSO @ 1.0825 ⏳
TP2 @ 1.0795
TP3 @ 1.0715
TP4 @ 1.0560
TP5 @ 1.0485
SUPPORT @ 1.0705

ADDITIONAL INFO:
🤑 Since our SLO2 @ 1.1066 our Net Equity is @ +230 pips

Minor Support Level around 1.0795 may cause a PB before continuing the short

📉 If PA on this 4H Curve within the 4H Curve holds the DT, then our SSO should work in our favor down to support

⏳PENDING ORDERS

🔑
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULLBACK
SL = STOP LOSS
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
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.