GBPJPY - Reversal Signal for the short term

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On the 4H there is a bearish pinbar that is at a level of previous resistance. Entry is 5 pips below the pinbar with a stop 5 pips above. This is a two exit strategy for a total 68 pip profit. Once the first TP is hit the SL will be adjusted to break even.

١٣ فبراير ٢٠٢٠

أغلقت الصفقة: تم الوصول لوقف الخسارة

I expected there might be resistance but I did not expect my stop to be reached immediately.