EURUSDBullish indications
1- HH & HL
2- Bullish Engulfer
3- Bounced from weekly support at 1.11934
4- Retracement from 0.5 Fib level
5- ABCD pattern is in formation
Plan A below is given for long.
Plan A
Buy at 1.12929
Stop loss 1.12547
Target1 1.13677
Target 2 1.14252
But for plan B, wait for confirmation of continuation of downward trend
Please comment below for any suggestion, follow and support the idea if you like it.
Thanks and good luck for trade
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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.