By Watching the chart it can be seen that the pair is still in downtrend, see the X's in descending structure, a short was taken after rejection from resistance level.
Stop above the top, now as there is new top the stop can be lower. Target at the support area level.
Interesting, I demonstrate and teach the method on my daily webinars, today @15:00, 16:00 GMT.
More about P&F look for my article.
Good trading
Zevik
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