Timeframe:
Primary: M15
Entry Confirmation: M1
Higher-Timeframe Bias: H1
Trade Direction: Buy
Entry Zone: 0.9385 – 0.9395
Optimal Entry: 0.9390
Stop Loss: 0.9355
Stop Loss Distance: 35 pips
Take Profit Levels:
TP1: 0.9425 → 35 pips
TP2: 0.9460 → 70 pips
TP3: 0.9495 → 105 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2
TP3: 1:3
Market Session:
London session preferred
Low volatility pair, suitable for steady moves
Buy Confirmation (M1 / M15):
Bullish engulfing or hammer candle at entry zone
Higher lows formation 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 0.9365 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 remains bullish