Price has been trading in this range since last week. Today, price pull up to the high from 7/28 and printed a fakeout pattern giving me confirmation to sell this. I entered after price closed on the 30m timeframe back under the high.
Entry 1.16750
SL 1.17100
TP 1.15300

I’m only risking 0.5% for this trade so we can keep our emotions out of the game and let things play out. There is high impact GBP news in the morning so we will need to watch for that as well. Good luck
Chart Patterns

Disclaimer