Hi guys,
Here we have a nice opportunity on this pair. I have an active sell from 1.59500 and expecting a tp around 1.57000. Price snapped perfectly for the downtrend and now reached to a major level where price usually reacts. We can see a bullish engulfing candle which suggest we can have a buy from here with a tp to next resistance and from there we can potentially go short again with similar tp of 1.57000.
I have marked the tp and sl for you on this.
Let me know your thoughts.
Trade safe and good luck.
Here we have a nice opportunity on this pair. I have an active sell from 1.59500 and expecting a tp around 1.57000. Price snapped perfectly for the downtrend and now reached to a major level where price usually reacts. We can see a bullish engulfing candle which suggest we can have a buy from here with a tp to next resistance and from there we can potentially go short again with similar tp of 1.57000.
I have marked the tp and sl for you on this.
Let me know your thoughts.
Trade safe and good luck.
עסקה סגורה: היעד הושג:
Target reached on both up and down trade. 71 and 19 pips