Price is currently trending down. Pin bar has formed at an area of pull back and at an area of support and resistance. Price also rejected the 8 day MA. Limit order is placed conservatively at half way of the pin bar range, waiting for a retrace of price. Risk to reward is 2.
עסקה סגורה: הגיע לסטופ:
Price pushed higher to a previous resistance level, reaching stop price.