Confluences:
Recent higher high
Large bullish engulfing candle
Slight lower bollinger band outbreak
SL set below engulfing candle low.
TP set a previous high's candle body high. Trail SL for max profit.
Similar to CADJPY setup, but not quite as strong.
Recent higher high
Large bullish engulfing candle
Slight lower bollinger band outbreak
SL set below engulfing candle low.
TP set a previous high's candle body high. Trail SL for max profit.
Similar to CADJPY setup, but not quite as strong.
Trade closed: target reached:
TP hit to a tee!