pantheo

Nice pin on the weekly

FX:GBPUSD   British Pound/U.S. Dollar
136 2 3
At first demand zone currently
so what now?
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pantheo PRO ManthanThummar
Sign of weakness, possible reversal, shorts came in at MA30, as expected, since it's still in a downtrend at this TF. You either follow the doji break downwards or you are waiting a retracement at about half the pin size and you enter short with a stop loss above the pin, if you see any reversal candles around this area at smaller TF's, like the 1HTF, where price is being rejected violently at this level.
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