## Daily Trade Setup TF15 (March 18, 2025)
### Market Overview
The 15-minute chart exhibits significant volatility, but with bullish signals from the Trend Strength indicator (green cloud) and the price being within a Discount Zone, making it an appealing entry point.
### Trade Plan
1. **Entry Point:**
* Wait for a pullback to test a significant Order Block within the TF15 Discount Zone (around 83,600 USDT as shown).
* Observe candlestick reversal patterns near the Order Block (Bullish Engulfing, Hammer, Morning Star).
* Place a Pending Order (Buy Limit) at the Order Block.
2. **Exit Point (Take Profit):**
* Set the Take Profit at the nearest Buyside Liquidity level or a significant resistance in the TF15 timeframe (around 84,000 USDT as shown).
* If the price shows strong momentum, consider using a Trailing Stop to lock in profits.
3. **Stop Loss:**
* Place the Stop Loss below the Low of the Order Block used for entry or below the reversal candlestick pattern (around 83,500 USDT as shown).
* Ensure the Stop Loss aligns with your desired Risk-Reward Ratio (e.g., 1:2 or 1:3).
### Supporting Factors
* Trend Strength indicates a bullish reversal.
* The price is in a Discount Zone, presenting a favorable buying opportunity.
* A clear Order Block in TF15 suggests a robust support level.
* There is Buyside liquidity above price, that acts as a price target.
### Considerations
* TF15 volatility may lead to false signals.
* Closely monitor news and trading volume.
* Manage risk strictly by setting appropriate Position sizes and Stop Losses.
### Risk Management
* Determine a Position size aligned with your capital.
* Maintain your preferred Risk-Reward Ratio (e.g., 1:2 or 1:3).
* Always use a Stop Loss to mitigate potential losses.
### Additional Notes
* This trade setup is a guideline and may require adjustments based on market conditions.
* Conduct thorough analysis and exercise sound judgment.
**Key Chart Elements:**
* **CHOCH (Change of Character):** Indicates a shift from a bearish to a bullish trend.
* **EQH (Equal Highs):** Important resistance levels.
* **EQL (Equal Lows):** Important support levels.
* **FVG (Fair Value Gap):** Price imbalances that might be filled later.
## Disclaimer
This analysis is for informational purposes only and not investment advice.