pre market open analysis

H4 chart

1. price bounced off top of the channel
2. long upper shadow candle followed by a bearish candle

maximum SL at swing high + 20 pips (209.18)

4.30 pm -price went down to 205.57 (a potential of 150 pips gain)
7.00 pm - price went down further to 204.70 (approximately 250 pips gain)


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