Weekly Bullish engulfing bar setup

FX:GBPCHF   British Pound / Swiss Franc
23 0 0
-Falling trend line broken, price is currently retesting key level support & the broken trend line .
-On the weekly chart, a bullish engulfing bar formed indicating sign of buyers getting in to at the level
-Took a Long trade as a Hourly bullish pin bar formed around the confluence zone
-1.92 Risk to reward ratio on this trade.
Trade closed: stop reached
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