Price has gravitated towards a resistance area ( Prior swing low, along with the 24 ema). Stop is at the 52 ema. Risk to reward ratio is 2.41 Target is at the recent swing low.
Reasons of why I use the numbers on the ema's. 24: there are 24 hours in a day. 52: 52 weeks in a year. 365: 365 days in a year.