EURUSD Bullish Engulfing!!
EURUSD D1 formed the Bullish Engulfing candlestick pattern at the support zone ( previous swing low ).
Trading Long can be planned by aiming the previous swing high or around 1.1600.
However, we can look for the better entry price if the market retrace to about 1/3 of the last bullish candle.
Place the stop right below the low of pattern.
Good luck!!
Trading Long can be planned by aiming the previous swing high or around 1.1600.
However, we can look for the better entry price if the market retrace to about 1/3 of the last bullish candle.
Place the stop right below the low of pattern.
Good luck!!
Trade closed: stop reached