Hi traders,
Here we have a nice setup on this particular pair. WE have seen a nice push down and price is at a major level of structure where historically price reacts as support and resistance. Price action has created a nice bullish engulfing candle which suggest a trend reversal for now. I have gone long on this and marked my tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Here we have a nice setup on this particular pair. WE have seen a nice push down and price is at a major level of structure where historically price reacts as support and resistance. Price action has created a nice bullish engulfing candle which suggest a trend reversal for now. I have gone long on this and marked my tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.