EURJPY formed a bullish engulfing that engulfed 5 candles on the 4 hour time frame.
This engulfing candle closed at 12pm noon (CST) on Friday.
SL set below engulfing candle low. TP set at 2R for safe entry, 3R for 50% entry.
This engulfing candle closed at 12pm noon (CST) on Friday.
SL set below engulfing candle low. TP set at 2R for safe entry, 3R for 50% entry.
Note
50% entry worked perfectlyTrade closed: target reached
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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.