UPDATE 5/6: Stopped out with a bang. Result: -1R.
UPDATE 2/6: The position has not been stopped out as the S/L has been in fact set on 100.469.The order was quite conservative (half the pin bar) what allowed for some more room between opening price and S/L.
This is a bit of a long shot. I went short after the bearish pin bar from 5/5, conservatively in the middle of the candle. This is around .5 & .618 fib retracement of the last impulse drops (depending on which top to take into account)
1) 06/05 Sell limit - middle of the pin bar candle from 5/5, S/L slightly above the candle, T/P in the low area of the consolidation highlighted in blue, R/R 8(!) - ALREADY OPENED
The price is still high enough to try to enter this trade.
UPDATE 2/6: The position has not been stopped out as the S/L has been in fact set on 100.469.The order was quite conservative (half the pin bar) what allowed for some more room between opening price and S/L.
This is a bit of a long shot. I went short after the bearish pin bar from 5/5, conservatively in the middle of the candle. This is around .5 & .618 fib retracement of the last impulse drops (depending on which top to take into account)
1) 06/05 Sell limit - middle of the pin bar candle from 5/5, S/L slightly above the candle, T/P in the low area of the consolidation highlighted in blue, R/R 8(!) - ALREADY OPENED
The price is still high enough to try to enter this trade.