Looking for a Bearish Engulfing Candle to "engulf" 50% of the Bullish Enguling candle from 1.66 price. If that happens, I'll short the EURUSD and target 2:1/Weekly Range Low
In the case that price continues going up, I am anticipating the price will find its way to 1.7700 (weeklY Range High) and I will wait the reaction there. A bearish engulfing candle will trigger a Short position for me.
In the case that price continues going up, I am anticipating the price will find its way to 1.7700 (weeklY Range High) and I will wait the reaction there. A bearish engulfing candle will trigger a Short position for me.