How to trade 2b reversal patterns

eu-200309-2b

Red X marks the poke bar, the price needs to close below that in order for a 2b reversal short entry to be triggered, The stocastics were above the 80 level so it looked like the buyers had run out of steam.

eu-200309-2b500

Looking at the same setup using the fx500club indicators we can see the moving averages and the daily pivot were clearly acting as resistance above the price. Just an added confirmation that this 2b reversal setup was indeed a valid one.

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