ujmandhania

Two strong zones... Is that a sign for a buy?

FX:EURUSD   Euro / U.S. Dollar
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In H1 timeframe we can see 2 engulfing candles that have broken zones and the price has currently come back to revisit them. Could this be a pullback indicating price reaching the take profit to where the arrow is shown?

Seems highly probable....Perhaps a nice buy calling us?
Aug 15
Comment: Price went up 30 to 40 pips with regards to this scenario. If you were trailing your stop loss then minimum gained would be atleast 10 pips....Happy days

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