Price appears to be ranging and has recently moved into an area known to contain sellers. History also shows previous swings have occurred in this area. A bearish pin bar has formed over the past 12 hours indicating sellers have taken control of price. Prior to the pin bar there was an inside bar indicating indecision of price. These two candles are giving me a biased towards a bearish move. Entry could be placed half way of pin bar and target placed at next level of minor support area. Reward is 3:1
Trade closed: stop reached:
Stop reached, I'm still bearish about price and will be looking for more opportunities