Trade Setup (Short-Term Intraday - Bullish Bias)
Entry (Buy Limit):
Entry Price: 143.25
(Buy on a slight pullback, near minor support within the current range)
Stop Loss (SL):
SL Price: 143.00
(Below the recent low — if price breaks that, bias may flip bearish)
Take Profit (TP):
TP1: 143.55 (recent local high)
TP2: 143.80 (strong resistance level from earlier session)
️ Risk-Reward Ratio
Risk: 25 pips (SL: 143.25 → 143.00)
Reward:
TP1: 30 pips
TP2: 55 pips
R:R = 1.2 to 2.2 depending on exit strategy
Community Notes
Trend: Short-term consolidation, possible bullish breakout.
Caution: High volatility during Tokyo/London overlap — tighten SL if price accelerates.
Alternative Plan: If price breaks below 143.00 with volume, consider flipping short.