asferruzzi
Short

GBPUSD pin bar short opportunity

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
57 0 2
Price appears to be ranging on this daily and monthly time frames. Price has recently reached an area known to previously contain strong selling momentum. A bearish pin bar has formed in this area indicating sellers have regained control of price over the last 24 hours. if the commitment of sellers is strong enough that should be sufficient to push price down to the next area of support. An entry order could be placed at the 50% retracement of the pin bar and profit target at the next are of support. Reward is over 2:1
Trade closed: stop reached
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out