Yesterday I setup a buy limit trade after that engufling candle that I placed the arrow on which is on the 4 hour chart. I saw price testing this area of support and I also saw that the USD (DXY) was coming into an area of resistance and then fighting to break through. My buy trade is now triggered. I do not have an exact target but I am shooting for a 1:2 trade. Also on the DXY Daily chart a bearish pin bar formed at resistance and now I am waiting for the dollar to drop.
Trade closed: target reached:
Target smashed