🔥 EURUSD: Curve Analysis (18H) 🔥

🆕 NEW SETUPS 🆕

-SL @ 1.0817 🚫 (conservative)
-SL @ 1.0797 🚫 (moderate)
-SL @ 1.0786 🚫 (aggressive)
SLO2 @ 1.0760 ⏳
SLO1 @ 1.0750 ⏳
TP1 @ 1.0655
TP1 @ 1.0655
TP2 @ 1.0585
TP3 @ 1.0500
BLO @ 1.0485 ⏳

ADDITIONAL INFO
— If the 5m Curve within the 8H Curve holds the DT, then our SLO1/SLO2 should work in our favor

— There is a MAJOR OPPORTUNITY to capture +250 pips to the downside.

🔑
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
SL = STOP LOSS
SLO = SELL LIMIT 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.