$OP
--- Pullback Trading ---
Condition:
Price moves in a trend (up or down), but there is a temporary correction before continuing the trend direction.
Strategy:
Entry Long (Buy):
Condition: If the price pulls back to the VWAP line (around $1,828) in an uptrend.
Entry Point: $1,830 (confirmed by a bullish candle near VWAP).
Stop Loss (SL): $1,820 (below VWAP + buffer).
Take Profit (TP): $1,860 (Resistance 1).
Entry Short (Sell):
Condition: If the price pulls back to the VWAP line (around $1,828) in a downtrend.
Entry Point: $1,825 (confirmed by a bearish candle near VWAP).
Stop Loss (SL): $1,835 (above VWAP + buffer).
Take Profit (TP): $1,798 (Pivot).
--- Important Notes ---
Volume: Make sure volume supports each scenario (trade range, pullback, or breakout-bounce).
Validation Timeframe: Use H1 to make sure signals on M15 remain in the context of the larger trend.
Risk Management: Do not risk more than 1-2% per trade to preserve capital.