Bullish Engulfing - Long Position next week
Updated
Cleary see the broken trendline upwards in the Daily chart. Also broke a Resistance. Now we need a confirmation for booth to get a long Position.
The chart build also a Bullish engulfing Formation on the weekly Chart.
We can also see a flag in the 1H Chart. If we broke that to the down and retest the Resistance ( now Support) and see some Price Action or some patterns is a cleary signal to get long.
For me possible Long entry is the Support area around 0.92
The chart build also a Bullish engulfing Formation on the weekly Chart.
We can also see a flag in the 1H Chart. If we broke that to the down and retest the Resistance ( now Support) and see some Price Action or some patterns is a cleary signal to get long.
For me possible Long entry is the Support area around 0.92
Note
Weekly chart: prntscr.com/prgjzuNote
Daily Chart: prntscr.com/prgkf0
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