- formed on the larger timeframe / Bounce of strong resistance.
- Pair is oversold on many timeframes.
- Tight stop loss / Good R:R (Risk:Reward Ratio)
- Strong candle on 1h timeframe ( Piercing Line Pattern & Possible )
Entry : 11.44453 (roughly)
Stop Loss: 11.39150
Please check against your own analysis BEFORE taking this trade and make sure you are happy to enter.
Open to any critique or advice :)