abasmsd

Engulfing pattern on pullback to broken bearish trend line

Long
abasmsd Updated   
FX:EURCAD   Euro / Canadian Dollar
Buy signal
1. Support level
2. 50% of retracement of last bullish move
3. pullback on broken bearish trend line
4. Engulfing candle in pullback to broken bearish trend line

Buy at 50% retracement of engulfing candle = 1.5153
SL at below of engulfing candle = 1.5075
TP1 = 1.535
TP2 = 1.558

Trade closed: stop reached:
Oh no. Stop hunting :(

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.