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EUR/CHF Buy Setup with Range Breakout Confirmation (1 Viewer)

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 EUR/CHF Buy Setup with Range Breakout Confirmation (1 Viewer)

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skynoxon

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

Trade Direction: Buy

Entry Zone: 0.9470 – 0.9490
Optimal Entry: 0.9480

Stop Loss: 0.9435
SL Distance: 45 pips

Take Profit Levels:
TP1: 0.9525 → 45 pips
TP2: 0.9580 → 100 pips
TP3: 0.9650 → 170 pips

Risk to Reward:
TP1: 1:1
TP2: 1:2.2
TP3: 1:3.8

Market Session:
London session preferred

Buy Confirmation (M1 / M15):
Bullish engulfing at support
Range high breakout on M15
Retest holding above resistance

Trade Management:
Partial profit at TP1
Move Stop Loss to breakeven after TP1
Trail Stop Loss below higher lows

Invalidation:
M15 close below 0.9455 cancels the setup

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