Short from liquidity pool

١٣ مايو ٢٠٢٠

Short from 9.500 to 7.800. At 9.500 dollar we have a convergence of stop orders from shorts, new buy orders, upper band (of rising flag), fibbonacci at 76,1% from the last big drop , strong horizontal resistance, and above that strong trend line which acts also as resistance. Stop loss order at 9.930 dollars. It is 4:1 ( risk 430 dollars to get 1700 dollars)trade.