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mryoung
Mar 1, 2018 10:03 PM

EURUSD / H4 / Bulls Back again Long

Euro Fx/U.S. DollarFXCM

Description

After hitting strong support at 1.2165 zone, bulls took back the control of the pair.

Daily close gave us very nice and strong bullish engulfing candle indicating that this could be next impulse to the top.

We would go long on break of the TL.

Keep in mind that 1.229 is also strong S/R zone, followed by 1.2345 and 1.239

We need to see those zones broken first before 1.25, but patience is the key :)

Good Luck!
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