Price is below the 60 and 15 KS as well as the 15 cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8053
Stop = 1.8073
Risk = 20 pips
Profit target = 1.7826 ( The projected daily low )
Reward = +227 Pips
RRR = 11.5 - 1
2nd Entry = 1.7925
Stop = 1.7955
Risk = 30 pips
Profit target = 1.7826 ( The projected daily low )
Reward = + 99
RRR = 3.5 -1
** Please not the Daily Kejun Sen is 1.7884 should be expected to act as support.
I would appreciate if you leave a comment or like as a thank you
Allen