Price took out two previous lows and got rejected from my support level. It also formed a double top.I put the SL @ 1.2247 and my Target @ 1.2326 just below our next level of Resistance. My entry is at 1.2263 so my SL is 19 pips and my target is 60pips. That is a nice R:R of 1:3.
Trade closed: stop reached:
SL Hit