candlestickbibletrading

Candlestick Bible setups

Long
FX:EURUSD   Euro / U.S. Dollar
Top down a roach from weekly chart down to the 4 hour chart indicate a possible buy
Confluence factors 1.weekly chart trendline price bounce☆
2. bullish engulfing candle on daily charts☆
3. The bullish engulfing candle closed above a major resistance level☆
Trading requires proper risk management, say 2% of equity.
Stop loss below the engulfing candle.

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