Weekly Bullish engulfing bar setup
-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.
-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