BULLISH ENGULFING BAR AT SUPPORT

34
1. Long bullish move starting early july made a false break of key resistance at 1.1200
2. Price retraced back 50% to key support 1.0900
3. Price has made a bullish engulfing bar here.
4. Risk 1, Reward 3.

Disclaimer

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.