EURUSD Long Engulfing Candle 50% Retrace Open to 162% Fib TP

FX:EURUSD   Euro / U.S. Dollar
Trend continuation following period of retracement, large engulfing candle does not provide sufficient risk to reward ratio 1:3 hence open if price retraces to 50% of the engulfing candle. Take profit is 162% Fibonacci extension .


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