Timeframe:
Primary: M15
Confirmation: M1
Higher Bias: H1
Trade Direction: Buy
Entry Zone: 0.6105 – 0.6125
Optimal Entry: 0.6115
Stop Loss: 0.6075
SL Distance: 40 pips
Take Profit Levels:
TP1: 0.6155 → 40 pips
TP2: 0.6200 → 85 pips
TP3: 0.6250 → 135 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2.1
TP3: 1:3.4
Market Session:
London session preferred
Buy Confirmation (M1 / M15):
Bullish engulfing at support
Higher low forming on M15
Break above 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 0.6090 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 trend remains bullish
Primary: M15
Confirmation: M1
Higher Bias: H1
Trade Direction: Buy
Entry Zone: 0.6105 – 0.6125
Optimal Entry: 0.6115
Stop Loss: 0.6075
SL Distance: 40 pips
Take Profit Levels:
TP1: 0.6155 → 40 pips
TP2: 0.6200 → 85 pips
TP3: 0.6250 → 135 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2.1
TP3: 1:3.4
Market Session:
London session preferred
Buy Confirmation (M1 / M15):
Bullish engulfing at support
Higher low forming on M15
Break above 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 0.6090 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 trend remains bullish