Short Term Bullish Idea _ USDTHB 1H

GLOBALPRIME:USDTHB   U.S. Dollar / Thai Baht
After a downtrend and consolidation the price action has formed new HH and HL which can be indication of a correction or reversal. There fore with the formation of Bullish Engulfing Candle one can enter a Buy trade with protection below the recent HL.

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.