If we close below the Kumo, this indicates a change in trend and we should see a downward move in this pair.
I'll be putting my Stop Loss just above our most recent bullish fractal level of around 1.45750
I'll be putting my Stop Loss just above our most recent bullish fractal level of around 1.45750
Comment:
If you're not willing to risk stops at 1.45750, then if the price remains below the highs of the 05:00 candle then this will be another bullish fractal so you could place your stops at around 1.45330