In 2 hours the 4h candle should close forming a bullish engulfing candlestick, this is typical price action observed following a bearish trend which we have seen, expecting price to push upwards towards the EPA.
First TP is 115 pips
Nice Risk to Reward on this trade
After the 4h close I'll be placing a buy stop if the highlighted entry price hasn't been breached
First TP is 115 pips
Nice Risk to Reward on this trade
After the 4h close I'll be placing a buy stop if the highlighted entry price hasn't been breached
Order cancelled
Never closed as a bullish engulfing, trade order is cancelled.
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.
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.