Price is below the Daily and 60 KS as well as the cloud. This is a Type 1 trade with a High probability and Great RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.7925 (60 KS)
Stop = 1.7945
Risk = 20 pips
Profit target = 1.7777 ( The projected daily low )
Reward = 148
RRR =7.4 - 1
2nd Entry = 1.7852
Stop = 1.7882
Risk = 30 pips
Profit target = 1.7762
Reward = 90 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen