GBPUSD 4HR Short
Updated
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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