EURUSD 60 TF Cloud pullback trade
Monthly and Daily Direction is Down
This is a pullback trade in a multiple time frame resistance level
The Daily Kejun Sen is 1.13580
The Daily Tenken Sen is 1.13510
Additionally the 60 cloud is very thick which provides substantial resistance
Entry = 1.1353 (the 60 min Kejun Sen)
Stop = 1.1390 (10 pips above the Senkou A)
Risk = 37 pips
PT = 1.1123 (10 pips above the Daily 1.27 ext)
Reward = 230 Pips
RRR = 6.2 - 1
This is a pullback trade in a multiple time frame resistance level
The Daily Kejun Sen is 1.13580
The Daily Tenken Sen is 1.13510
Additionally the 60 cloud is very thick which provides substantial resistance
Entry = 1.1353 (the 60 min Kejun Sen)
Stop = 1.1390 (10 pips above the Senkou A)
Risk = 37 pips
PT = 1.1123 (10 pips above the Daily 1.27 ext)
Reward = 230 Pips
RRR = 6.2 - 1
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