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

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

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skynoxon

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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
 

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