SELL@1.4209 SL@1.4333 TP@1.3877 (Down to 1.3686 even all the way down to 1.3509)
Monitor the pair from M30 TF. Its volatility is extreme, that’s why we have to take such a huge risk.
If you can’t take the risk, stay away from the pair.
If you decide to trade it, instead of using TP you can manage the trade from M30 TF.
STAY IN while M30 Candlesticks close below Tenkan Sen, EXIT when a Bullish M30 Candlestick closes above TS. Alternatively, STAY IN while Stochastics go down, EXIT when Stochastics make a bullish Crossover below 20 level line. RE-ENTER when a Bearish M30 Candlestick closes below both Tenkan Sen and Kijun Sen with TS sloping DOWN. Trail your SL 40pips above each new Kijun Sen Plateau.
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