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EUR USD: Bullish Price Action

FX:EURUSD   Euro Fx/U.S. Dollar
243 3 0
-So we have come up to the 38.2 Fib retrace, however looks like a bullish engulfing bar with a very strong bullish candle to follow.

- https://www.tradingview.com/e/wf4egaNu/ - US dollar             chart showing us the potential beginning of a move below a very strong point of support.

- If we break above the 38.2 fib line I will add to my long positions. Setting a tight stop loss for current long.
florin22xxl
2 years ago
Hello,
Can u define tight stop?Just curios :)
+1 Reply
Sitrade florin22xxl
2 years ago
Mine is a few pips above the 200p Moving average.
Reply
Sitrade
2 years ago
We look forward to thursday ECB also..
Reply
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