First trade is entered now at market.
Second trade may be entered at the 50% retrace level of the pinbar.
Stops on both trades are above the tip of the pinbar and above the 21 ema.
The order for a third entry short is still in place below last fridays low: https://www.tradingview.com/chart/EURUSD/p4i1Ljfo/
Daily candle closed just above 1,3000.
Price has been making higher lows.
A bullish pinbar formed on horizontal and dynamic support.
Target at 2+R
Stop below previous swing low and historical S&R level.
Not really a perfect pinbar, but a clear bullish rejection of a support zone, dynamic support of 21 ema and recent / short term support. More or less similar to the pattern on the EURUSD. Looks like market is anticipating weakening USD, which is in line with recent events such as: Fed keeps interest rates ...