Showing clear cycles to the upside the recent retracement to a support level and close as a bullish engulfing bar including a retest of the 20 ema and a rejection of the 78.6% Fibonacci level are demonstrative of bullish impulse.
entry - above high of bullish engulfing bar
stop loss - below low of bullish engulfing bar
target - most recent swing high or higher
entry - above high of bullish engulfing bar
stop loss - below low of bullish engulfing bar
target - most recent swing high or higher
