I have been waiting for a reversal candle stick pattern on the Monthly Trendline....Yeah! Today I found it, 300+ Potential pips all for the grabs.
Reversal Setup Entered Above the 8 EMA at 1.52. Worst case stop is set at 1.39 Target: 1.77
Reversal setup in motion. Stop just below the previous candle 6.71 Target: 9.35 zone.
Price presented more than one bullish candle formation in the past week. This last candle is engulfing 5 of the previous candles with volume behind it.
Entered DDD 41.68. Target 47 Stop 39.27.