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AUD/CAD Buy (1 Viewer)

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 AUD/CAD Buy (1 Viewer)

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skynoxon

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Timeframe:
Primary: M15
Entry Confirmation: M1
Higher-Timeframe Bias: H1

Trade Direction: Buy

Entry Zone: 0.9070 – 0.9085
Optimal Entry: 0.9080

Stop Loss: 0.9035
Stop Loss Distance: 45 pips

Take Profit Levels:
TP1: 0.9120 → 40 pips
TP2: 0.9165 → 85 pips
TP3: 0.9210 → 130 pips

Risk to Reward:
TP1: 1:0.9
TP2: 1:1.9
TP3: 1:2.9

Market Session:
London session preferred
London–New York overlap for momentum continuation

Buy Confirmation (M1 / M15):

  • Bullish engulfing or hammer candle at entry zone
  • Higher lows forming on M15
  • Price holding above intraday support and 20 EMA
Trade Management:

  • Partial profit at TP1
  • Move Stop Loss to breakeven after TP1
  • Trail Stop Loss below higher lows for extended gains
Invalidation:

  • M15 close below 0.9050 cancels the setup
Trade Type:

  • Intraday on M15
  • Short swing if H1 trend remains bullish

 
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Reactions: CryptiXoXo

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