Nice pin bar from key resistance area which was previous support.
Downtrend and 50% retracement of last down swing.
Also note that the pin bar formed as a reaction to the daily supply zone 1.09368 - 1.09842.
Retracement entry
TP 2R
B.E: at 90% of TP
Downtrend and 50% retracement of last down swing.
Also note that the pin bar formed as a reaction to the daily supply zone 1.09368 - 1.09842.
Retracement entry
TP 2R
B.E: at 90% of TP
Trade closed: stop reached