Entry Point:
Consider entering a short position around the current price of 1.760, especially after the recent downtrend and confirmation of bearish momentum.
Stop-Loss:
Place the stop-loss slightly above the recent high or resistance level, for example around 1.900. This limits losses if the price reverses.
Exit (Take Profit):
A potential target could be near recent support levels, such as around 1.731 or lower, depending on your risk appetite and market analysis.
Note: Always confirm with your own technical analysis and risk management strategy before executing trades. Market conditions can change rapidly.