📋 **TRADE PLAN FOR MT4/MT5**
**Trade Type:** Sell
**Entry Zone:** `1.1730 – 1.1740` (wait for rejection or bearish candlestick confirmation)
**Stop Loss:** `1.1755` (above recent highs and resistance box)
**Take Profit Levels:**
* **TP1:** `1.1537` (previous support)
* **TP2:** `1.1450` (strong demand zone)
**Position Size:** Adjust based on risk management (e.g., 1–2% of account)
**Risk-Reward Ratio:**
* To TP1: \~1:3
* To TP2: \~1:5
✅ **TRADE MANAGEMENT RULES**
* ✅ Enter only after bearish candlestick (e.g., pin bar, engulfing) confirmation
* 🔄 If SL hits, reassess higher timeframe structure
* 🔒 Lock profits at TP1 (e.g., trail SL or partial close)
* 🗓 Watch for high-impact news (e.g., NFP, CPI) that may affect USD volatility
**Trade Type:** Sell
**Entry Zone:** `1.1730 – 1.1740` (wait for rejection or bearish candlestick confirmation)
**Stop Loss:** `1.1755` (above recent highs and resistance box)
**Take Profit Levels:**
* **TP1:** `1.1537` (previous support)
* **TP2:** `1.1450` (strong demand zone)
**Position Size:** Adjust based on risk management (e.g., 1–2% of account)
**Risk-Reward Ratio:**
* To TP1: \~1:3
* To TP2: \~1:5
✅ **TRADE MANAGEMENT RULES**
* ✅ Enter only after bearish candlestick (e.g., pin bar, engulfing) confirmation
* 🔄 If SL hits, reassess higher timeframe structure
* 🔒 Lock profits at TP1 (e.g., trail SL or partial close)
* 🗓 Watch for high-impact news (e.g., NFP, CPI) that may affect USD volatility
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.