EURJPY BUY TRADE PLAN🔥 BUY TRADE 🔥 | ✅ ✅ ✅ ✅ ✅
🎯 ENTRY TYPE: Trend Continuation
⏳ STATUS: Price Has NOT Tapped Entry Zone Yet – Still Waiting
📍 Entry Zone: 160.800 - 160.500
📍 Deeper Buy Entry (If price drops further): 160.000 - 159.800
🛑 Stop Loss:
Below 159.800 (Standard SL)
Below 159.500 (Safe SL – Final invalidation level)
🏆 Take Profit Targets:
🎯 TP1: 161.800 (First reaction zone)
🎯 TP2: 162.500 (Key liquidity target)
🏆 TP3: 163.200 - 163.500 (Major resistance zone)
📈 Risk-Reward Ratio:
1:3 if targeting 🎯 TP1
1:4+ if targeting 🎯 TP2 or 🏆 TP3
📌 Reason for Entry:
✔ 📈 Bullish trend remains intact, looking for a pullback to enter.
✔ 🔄 H4 bullish structure valid – higher lows forming.
✔ 🏦 Institutional demand zone expected to hold.
✔ 📊 Volume spike shows Smart Money buying dips.
🚨 ⚠️ CONFIRMATION REQUIRED BEFORE BUYING:
🔹 H1/M30 Bullish Rejection Candle (Pin Bar, Engulfing) at Entry Zone.
🔹 LTF (H1/M30) Bullish Divergence = Extra Confirmation.
🔹 Volume Increase at Demand Zone = Smart Money Buying Signal.
❌ DO NOT take the trade if price breaks below 159.800 without reaction.
📌 TRADE VALIDITY & INVALIDATION CONDITIONS
🕒 VALID FOR:
BUY TRADE: 1-3 days (H4-based swing setup).
SELL TRADE: 12-24 hours (H1-based counter-trend setup, ONLY IF REJECTION OCCURS).
🚫 BUY SETUP INVALID IF:
Stop Loss at 159.500 is hit → Trade invalid.
Price breaks below 159.800 and holds = Institutional demand zone fails.
Market structure shifts bearish (Strong BOS to downside).
📌 RISK MANAGEMENT REMINDER
💰 Use 1-2% risk per trade. Move SL to breakeven after TP1 to secure profits.