PONSHADA PINS - EURUSD Short Trade

We just had a pin bar on the 1 hour chart on EURUSD that is larger than any of the 5 previous bars and that cuts through a pivot point (R1 at 1.3288 on the GMT chart). It also cuts through Friday's daily high and is very close to a round number. The open and close are both in the bottom third of the bar. We have a Ponshada Pins trade:

However the trend still has some strength so this does not seem to be like a top-grade set-up. I started the trade small and might add to it later.