candlestickbibletrading

Candlestick Bible setups

Long
FX:EURUSD   Euro / U.S. Dollar
Top down a roach from weekly chart down to the 4 hour chart indicate a possible buy
Confluence factors 1.weekly chart trendline price bounce☆
2.bullish engulfing candle on daily charts☆
3. The bullish engulfing candle closed above a major resistance level☆
Trading requires proper risk management, say 2% of equity.
Stop loss below the engulfing candle.
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.