$IR Long & Short Trading Plan
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LONG SETUP (Counter Trend / High Risk)
Entry: 0.122 – 0.128
Stoploss: Below 0.118
Targets:
TP1: 0.145
TP2: 0.155
TP3: 0.170 (only with strong momentum)
This is a relief bounce setup, not a trend reversal. Book partial profits early.
SHORT SETUP (Trend Following | Preferred)
Entry Zones:
0.145 – 0.150 (rejection from resistance)
Breakdown & retest below 0.122
Stoploss:
Above 0.155 (rejection short)
Above 0.130 (breakdown short)
Targets:
TP1: 0.130
TP2: 0.122
TP3: 0.110
Extended: 0.100 (if selling accelerates)
Market Bias: Bearish
Best Strategy: Sell the rallies, trade with confirmation
Risk: Max 1–2% per trade
⚠️ High volatility pair ,trade with strict risk management
