CADJPY LONG
Idea for this week
Bullish engulf seems to me its best used as a reversal as well as confirmation.
When price is in downtrend, in my experience a bullish engulf is usually my sign to get out of a bearish position, or likewise here, enter a bullish position aiming for a reversal.
What do we think?
Bullish engulf seems to me its best used as a reversal as well as confirmation.
When price is in downtrend, in my experience a bullish engulf is usually my sign to get out of a bearish position, or likewise here, enter a bullish position aiming for a reversal.
What do we think?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.