I am currently testing my new wngulfing strategy, i have confirmation and trend support so im not just looking for engulfing pattern and trading off of this.
IF 12:00 Candle will be green
and as long as the green candle before(prefrrably smallre than the engulfing bullish), i will buy after 12:00
I am currently testing new strategy.
I used fibonnaci retracement and according to it, if the pair hit around 1.1072_ after market opens, it should continue upward trend.
!I do not recommend to enter the trade if the price will go below 61,8% of the longer FIB retracement AND if the EMA20 will not support the upwards trend.!
WHat do you think? Let me know
