📍 Entry (Buy Limit):
1.1085
This is just above the 1.1000 psychological level but below previous minor structure at 1.1100.
Captures a shallow retest without risking being front-run by liquidity sweeps.
🛑 Stop Loss (SL):
1.0910
Below consolidation zone and wicks around 1.10
Provides enough space beneath the major breakout level while staying tight for R:R
🎯 Take Profit Targets:
TP1: 1.1500 (Previous weekly resistance, already tested but not broken)
TP2: 1.2000 (Next clean monthly structure level)
TP3 (macro): 1.2400 (Upper range of long-term channel, highly reactive zone)
⚖️ Risk/Reward:
Risk: ~175 pips
Reward:
• TP1: ~415 pips
• TP2: ~915 pips
• TP3: ~1,315 pips
R:R = 2.4 to 1, 5.2 to 1, 7.5 to 1
1.1085
This is just above the 1.1000 psychological level but below previous minor structure at 1.1100.
Captures a shallow retest without risking being front-run by liquidity sweeps.
🛑 Stop Loss (SL):
1.0910
Below consolidation zone and wicks around 1.10
Provides enough space beneath the major breakout level while staying tight for R:R
🎯 Take Profit Targets:
TP1: 1.1500 (Previous weekly resistance, already tested but not broken)
TP2: 1.2000 (Next clean monthly structure level)
TP3 (macro): 1.2400 (Upper range of long-term channel, highly reactive zone)
⚖️ Risk/Reward:
Risk: ~175 pips
Reward:
• TP1: ~415 pips
• TP2: ~915 pips
• TP3: ~1,315 pips
R:R = 2.4 to 1, 5.2 to 1, 7.5 to 1
Trade active
Note
i adjusted my sl to 1.134
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.