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AUD/JPY Buy Setup (1 Viewer)

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 AUD/JPY Buy Setup (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: 96.20 – 96.40
Optimal Entry: 96.30

Stop Loss: 95.80
Stop Loss Distance: 50 pips

Take Profit Levels:
TP1: 96.80 → 50 pips
TP2: 97.40 → 110 pips
TP3: 98.00 → 170 pips

Risk to Reward:
TP1: 1:1
TP2: 1:2.2
TP3: 1:3.4

Market Session:
Asian session preferred
London session for momentum continuation

Buy Confirmation (M1 / M15):
Bullish engulfing or strong bullish close from 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

Invalidation:
M15 close below 95.95 cancels the setup

Trade Type:
Intraday on M15
Short swing if H1 remains bullish


 

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