Timeframe:
Primary: M15
Confirmation: M1
Higher Bias: H1
Trade Direction: Sell
Entry Zone: 0.8890 – 0.8910
Optimal Entry: 0.8900
Stop Loss: 0.8950
SL Distance: 50 pips
Take Profit Levels:
TP1: 0.8850 → 50 pips
TP2: 0.8780 → 120 pips
TP3: 0.8700 → 200 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2.4
TP3: 1:4
Market Session:
London session preferred
Sell Confirmation (M1 / M15):
Bearish engulfing or pin bar rejection
Lower high forming on M15
Failure to hold above resistance
Trade Management:
Partial profit at TP1
Move Stop Loss to breakeven after TP1
Trail Stop Loss above lower highs
Invalidation:
M15 close above 0.8920 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 trend remains bearish
Primary: M15
Confirmation: M1
Higher Bias: H1
Trade Direction: Sell
Entry Zone: 0.8890 – 0.8910
Optimal Entry: 0.8900
Stop Loss: 0.8950
SL Distance: 50 pips
Take Profit Levels:
TP1: 0.8850 → 50 pips
TP2: 0.8780 → 120 pips
TP3: 0.8700 → 200 pips
Risk to Reward:
TP1: 1:1
TP2: 1:2.4
TP3: 1:4
Market Session:
London session preferred
Sell Confirmation (M1 / M15):
Bearish engulfing or pin bar rejection
Lower high forming on M15
Failure to hold above resistance
Trade Management:
Partial profit at TP1
Move Stop Loss to breakeven after TP1
Trail Stop Loss above lower highs
Invalidation:
M15 close above 0.8920 cancels the setup
Trade Type:
Intraday on M15
Short swing if H1 trend remains bearish