Timeframe:
Primary: M15
Entry Confirmation: M1
Higher-Timeframe Bias: H1
Trade Direction: Buy
Entry Zone: 7,350 – 7,380
Optimal Entry: 7,365
Stop Loss: 7,300
Stop Loss Distance: 65 points
Take Profit Levels:
TP1: 7,420 → 55 points
TP2: 7,500 → 135 points
TP3: 7,580 → 215 points
Risk to Reward:
TP1: 1:0.85
TP2: 1:2.1
TP3: 1:3.3
Market Session:
European session preferred
High volatility during London market hours
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 upside
Invalidation:
M15 close below 7,320 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 trend remains bullish