EURUSD broke an important level of resistance this morning. The price is testing the same level and buyers reacted forming a strong bullish engulfing pattern right on the previous level of resistance. Easy setup with this trade, with a standard stop loss below the candlestick pattern and take profit above the previous swing high.
Trade closed: stop reached
Stop loss reached
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Find out more at itstradingtime.com/
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.