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EUR/NZD Buy Setup with Pullback to Support (1 Viewer)

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 EUR/NZD Buy Setup with Pullback to Support (1 Viewer)

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skynoxon

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

Trade Direction: Buy

Entry Zone: 1.7250 – 1.7280
Optimal Entry: 1.7265

Stop Loss: 1.7195
SL Distance: 65 pips

Take Profit Levels:
TP1: 1.7330 → 65 pips
TP2: 1.7420 → 155 pips
TP3: 1.7550 → 285 pips

Risk to Reward:
TP1: 1:1
TP2: 1:2.4
TP3: 1:4.4

Market Session:
London session preferred

Buy Confirmation (M1 / M15):
Bullish engulfing on pullback
Higher low on M15
Break of intraday minor resistance

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

Invalidation:
M15 close below 1.7230 cancels the setup

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