On the higher time frame, we have a downtrend. On the 15min time frame we have a limit sell order at the 109.41 level. This is a intra day trade. entry at 109.41. 12 pip stop based on your spread. On this trade we are going 1:1 risk to reward. we are risking 12 pips to make 12 pips, If you you have more them one target. let your second target run for an additional 1:2 or 1:3 risk to reward just make sure you move stops to break even.
Trend Analysis

Disclaimer