Timeframe:
Primary: M15
Confirmation: M1
Higher Bias: H1
Trade Direction: Sell
Entry Zone: 0.6710 – 0.6730
Optimal Entry: 0.6720
Stop Loss: 0.6760
SL Distance: 40 pips
Take Profit Levels:
TP1: 0.6675 → 45 pips
TP2: 0.6620 → 100 pips
TP3: 0.6570 → 150 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2.5
TP3: 1:3.75
Market Session:
London session preferred
Sell Confirmation (M1 / M15):
Bearish engulfing or pin bar at resistance
Lower high on M15
Break of intraday support
Trade Management:
Partial profit at TP1
Move Stop Loss to breakeven after TP1
Trail Stop Loss above lower highs
Invalidation:
M15 close above 0.6740 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 trend remains bearish
Primary: M15
Confirmation: M1
Higher Bias: H1
Trade Direction: Sell
Entry Zone: 0.6710 – 0.6730
Optimal Entry: 0.6720
Stop Loss: 0.6760
SL Distance: 40 pips
Take Profit Levels:
TP1: 0.6675 → 45 pips
TP2: 0.6620 → 100 pips
TP3: 0.6570 → 150 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2.5
TP3: 1:3.75
Market Session:
London session preferred
Sell Confirmation (M1 / M15):
Bearish engulfing or pin bar at resistance
Lower high on M15
Break of intraday support
Trade Management:
Partial profit at TP1
Move Stop Loss to breakeven after TP1
Trail Stop Loss above lower highs
Invalidation:
M15 close above 0.6740 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 trend remains bearish