colibritrader
Long

EURUSD Trading Idea

FX:EURUSD   Euro / U.S. Dollar
I am currently looking at EURUSD and it seems like we might be about to see a continuation of the uptrend.

The price has formed a bullish engulfing pattern on the daily timeframe . This pattern is preceded by another bullish engulfing pattern that formed in the previous two trading sessions.

I will be waiting for the EURUSD open to see if there would be an opportunity to go long.

Then, I will be looking how the price will react to the 1.2500-1.2600 levels and decide if I want to take profits or let the trade run.

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