Timeframe:
Primary: M15
Entry Confirmation: M1
Higher-Timeframe Bias: H1
Trade Direction: Sell
Entry Zone: 0.6675 – 0.6685
Optimal Entry: 0.6680
Stop Loss: 0.6720
Stop Loss Distance: 40 pips
Take Profit Levels:
TP1: 0.6640 → 40 pips
TP2: 0.6595 → 85 pips
TP3: 0.6550 → 130 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2.1
TP3: 1:3.2
Market Session:
Asian session for entry
London session for continuation
Sell Confirmation (M1 / M15):
Bearish rejection candle from resistance
Lower high formation on M15
Momentum shift below 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 0.6705 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 remains bearish