EURAUD Weekly Trade setup with Bullish engulfing pattern
Updated
EURAUD Weekly Trade setup looks like Rising wedge Pattern
In Weekly, You can see Bullish engulfing Candle
The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely 'engulfs' the real body of the first one, without regard to the length of the tail shadows. The Bullish Engulfing pattern appears in a downtrend or At the support level
Entry Point: 1.61022
1st Take Profit: 1.61660
2nd Take Profit: 1.62765
3rd Take Profit: 1.64128
4th Take Profit: 1.65270
Stop loss: 1.58909
MIDTERM TRADE USE SMALL LOT SIZE.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
In Weekly, You can see Bullish engulfing Candle
The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely 'engulfs' the real body of the first one, without regard to the length of the tail shadows. The Bullish Engulfing pattern appears in a downtrend or At the support level
Entry Point: 1.61022
1st Take Profit: 1.61660
2nd Take Profit: 1.62765
3rd Take Profit: 1.64128
4th Take Profit: 1.65270
Stop loss: 1.58909
MIDTERM TRADE USE SMALL LOT SIZE.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
Trade closed: target reached
All Target Completed Alhumdulillah.
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