Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and great RRR.
2 Potential entries:
1st Entry = 1.8413 (2 pips below the Daily KS)
Stop = 1.8433
Risk = 20 pips
Profit target = 1.8308( The projected daily low )
Reward = 105 pips
RRR = 5-1
2nd Entry = 1.8371 (8 pips below the Asian low)
Stop = 1.9401
Risk = 30 pips
Profit target = 1.8308 ( The projected daily low )
Reward = 63 pips
RRR = 2-1