Blasterh22
Long

Engulfing pattern

FX:EURUSD   Euro / U.S. Dollar
Price reacting from 50% of the last impulsive move, which was a reaction from a weekly level. I placed a limit order at the 50% retracement of the engulfing candle. This allows me to have enough profit margin. Expecting the price at 1.2440 area and even higher.
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