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
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