Price is above the Daily, 60 and 15 KS as well as the 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 = 1.2379
Stop =1.2359
Risk = 20 pips
Profit target = 1.2511 ( The projected daily high )
Reward = 132 Pips
RRR = 6.6-1
2nd Entry = 1.2434
Stop = 1.2409
Risk = 25 pips
Profit target = 1.2511 ( The projected daily high )
Reward = 77 Pips
RRR = 3.1 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.