SELL@1.1116 SL@1.1198 TP@1.0955
Monitor the pair from H4 TF if you can take the RISK of Entering placing your SL 80pips higher , or switch to M15 Time-Frame, look for an entry with a much lower risk and monitor the trade from there.
If your Daily Pips Target is 20pips, then you have three options staying on M15 TF :
1. Place your TP 50pips below your Entry, trailing your SL a few pips above Kijun Sen (ICHIMOKU Red Line) and making sure Median BBand goes down.
2. Stay in while candlesticks close below Tenkan Sen and trail your SL above Kijun Sen. No TP setting.
3. Stay In while Median Bollinger Band Goes down and trail your SL above the Up Fractals which will be formed above Median BBand.
Happy pips!
Sofia
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