Timeframe:
Primary: M15
Confirmation: M1
Higher Bias: H1
Trade Direction: Sell
Entry Zone: 148.80 – 149.10
Optimal Entry: 148.95
Stop Loss: 149.55
SL Distance: 60 pips
Take Profit Levels:
TP1: 148.35 → 60 pips
TP2: 147.60 → 135 pips
TP3: 146.50 → 245 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2.25
TP3: 1:4
Market Session:
New York session preferred
Sell Confirmation (M1 / M15):
Double top formation on M15
Bearish engulfing at resistance
Break of neckline support
Trade Management:
Partial profit at TP1
Move Stop Loss to breakeven after TP1
Trail Stop Loss above lower highs
Invalidation:
M15 close above 149.25 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 trend weakens
Primary: M15
Confirmation: M1
Higher Bias: H1
Trade Direction: Sell
Entry Zone: 148.80 – 149.10
Optimal Entry: 148.95
Stop Loss: 149.55
SL Distance: 60 pips
Take Profit Levels:
TP1: 148.35 → 60 pips
TP2: 147.60 → 135 pips
TP3: 146.50 → 245 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2.25
TP3: 1:4
Market Session:
New York session preferred
Sell Confirmation (M1 / M15):
Double top formation on M15
Bearish engulfing at resistance
Break of neckline support
Trade Management:
Partial profit at TP1
Move Stop Loss to breakeven after TP1
Trail Stop Loss above lower highs
Invalidation:
M15 close above 149.25 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 trend weakens