EURUSD Forex Alert: A potential reversal setup!
After three bottom candles over the last three hours failed to break support, a bullish engulfing candle has now formed, signaling a possible upward momentum.
📈 Buy Entry: 1.0750
📉 Stop Loss: 1.0780
🎯 Target: 1.0835
Be mindful of the stop-loss level, as it’s set to limit downside risk if the setup reverses. Happy trading!
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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.