Looking at a buy on EURUSD on the break of this 4 hour candle. Strong rejection from lower Bollinger band and outside bar formed. RSI2 oversold. Trade is valid as long as this candle stays bullish on the close.
SL 1.12500
Tp1 1.16200
Tp2 1.16800
Tp3 1.17400
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SL 1.12500
Tp1 1.16200
Tp2 1.16800
Tp3 1.17400
Follow me
Twitter @followmytrades_
Instagram @followmytrades
Trade active
Comment:
TP1 hit
Comment:
Trade still open, nearly hit SL today but another solid engulfing bar on the 4 hour chart from the bottom band. Looks good for a second run up.
Comment:
TP2 hit. Could be forming top. Stop moved to B/E
Trade closed: target reached:
All profit targets hit