Engulfing candle and double touch of the pivot point

Big engulfing candle and a double test of the pivot point could be a sign of a reversal and 90 pip trade, i'll leave it for now but this looks like it's a continuation of the downtrend for this pair, i'll wait until stochastic crosses above the 80 to jump in.

Trade geschlossen: Stop wurde erreicht:

Stopped out

Kommentar:

Stop-loss was too small