Sure, I see GBP stronger than AUD in a more bigger time frame, so I was looking for a price retracement to a previous action area, and looked for a candlestick signal on that zone.
The green pinbar looked nice, the sellers started selling, but the buyers overtook the sellers finishing higher than the open. I then placed my entry as pending on the 61.8% of that candle and the stop a little below the last support area.
Right now I see some risk because the 1.93 area was broken and the candle finished below that area, but the 1.92 level is holding for now.
I think the price may stay congested in between 1.92-1.93 for a while before continuing, but I think it will go up because that area was a previous support, and the MA200 is about to get in place as a new barrier for the sellers.
But you know, the market have the last word.