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EUR/NZD Buy (1 Viewer)

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 EUR/NZD Buy (1 Viewer)

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skynoxon

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

Trade Direction: Buy

Entry Zone: 1.7750 – 1.7765
Optimal Entry: 1.7760

Stop Loss: 1.7705
Stop Loss Distance: 55 pips

Take Profit Levels:
TP1: 1.7810 → 50 pips
TP2: 1.7865 → 110 pips
TP3: 1.7920 → 160 pips

Risk to Reward:
TP1: 1:0.9
TP2: 1:2
TP3: 1:2.9

Market Session:
London session preferred
London–New York overlap for stronger bullish momentum

Buy Confirmation (M1 / M15):

  • Bullish engulfing or hammer candle at entry zone
  • Higher lows forming 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 for extended gains
Invalidation:

  • M15 close below 1.7725 cancels the setup
Trade Type:

  • Intraday on M15
  • Short swing if H1 trend remains bullish

 

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