There is a long tailed bar with a small real body ( pin bar ) at key resistance in a downtrend. That is 3 areas of confluence. Placing a sell order below low of pin bar . Stop placed above the high of pin bar . Targeting area key support. Risk reward 1:2.
Trade active
Order filled. Short from 1.22320Trade closed: stop reached
Closed -1R
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.