Timeframe:
Primary: M15
Confirmation: M1
Higher Bias: H1
Entry Zone: 161.20 – 161.40
Optimal Entry: 161.30
Stop Loss: 161.80
SL Distance: 50 pips
Take Profit Levels:
TP1: 160.80 → 50 pips
TP2: 160.20 → 110 pips
TP3: 159.60 → 170 pips
Confirmation:
Bearish engulfing on M15
Lower high on M1
Rejection from resistance
Primary: M15
Confirmation: M1
Higher Bias: H1
Entry Zone: 161.20 – 161.40
Optimal Entry: 161.30
Stop Loss: 161.80
SL Distance: 50 pips
Take Profit Levels:
TP1: 160.80 → 50 pips
TP2: 160.20 → 110 pips
TP3: 159.60 → 170 pips
Confirmation:
Bearish engulfing on M15
Lower high on M1
Rejection from resistance