🟢 LONG Trade Plan
🛠️ Entry Zone
Enter Long: Between 0.985 – 0.988
Price is consolidating just above a sell-side liquidity pool, and there's a recent CHoCH up.
🎯 Take Profit Targets
TP1: 0.994
(Very close — small scalp target just before resistance)
TP2: 1.025
(Close to a liquidity pool & imbalance zone — safer exit before strong supply)
TP3: 1.200
(Major resistance — only aim for this if momentum is very strong)
🛡️ Stop Loss
SL: 0.951
Below the most recent swing low
Also below a sell-side liquidity zone to avoid being wicked out prematurely
📈 Risk-to-Reward
Risk: ~0.035
Reward: Up to ~0.213
That’s a 6:1 RRR if targeting 1.20
📉 What Would Invalidate This Long Setup?
A close below 0.950 on the 4H or daily chart
Clear break of structure down with strong volume
Rejection at 0.994 with immediate aggressive selling pressure
🔴 Short Trade? Only Consider IF:
Price hits 1.04 – 1.20 zone and shows:
Bearish engulfing
Break of structure down
Divergence on RSI or OBV
Otherwise, shorts are risky right now — liquidity is building above current price, not below.
🧠 Pro Tip
If you're unsure, wait for a sweep of 0.994 liquidity (a fake breakout), then enter on a pullback back to 0.985 with a tight stop.
🛠️ Entry Zone
Enter Long: Between 0.985 – 0.988
Price is consolidating just above a sell-side liquidity pool, and there's a recent CHoCH up.
🎯 Take Profit Targets
TP1: 0.994
(Very close — small scalp target just before resistance)
TP2: 1.025
(Close to a liquidity pool & imbalance zone — safer exit before strong supply)
TP3: 1.200
(Major resistance — only aim for this if momentum is very strong)
🛡️ Stop Loss
SL: 0.951
Below the most recent swing low
Also below a sell-side liquidity zone to avoid being wicked out prematurely
📈 Risk-to-Reward
Risk: ~0.035
Reward: Up to ~0.213
That’s a 6:1 RRR if targeting 1.20
📉 What Would Invalidate This Long Setup?
A close below 0.950 on the 4H or daily chart
Clear break of structure down with strong volume
Rejection at 0.994 with immediate aggressive selling pressure
🔴 Short Trade? Only Consider IF:
Price hits 1.04 – 1.20 zone and shows:
Bearish engulfing
Break of structure down
Divergence on RSI or OBV
Otherwise, shorts are risky right now — liquidity is building above current price, not below.
🧠 Pro Tip
If you're unsure, wait for a sweep of 0.994 liquidity (a fake breakout), then enter on a pullback back to 0.985 with a tight stop.
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.
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.