🔥 EURJPY: LTF CURVE ANALYSIS (2H) 🔥

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

🔑
BLO = BUY LIMIT ORDER
LTF = LOW TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

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

— Highly volatile, price movements can be fast and unpredictable.

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

— Not ideal for beginners due to the risk and stress involved.