WEEK #3 Assignment. Candle stick pattern

4hr chart printed bullish engulfing candle , which mean a reversal is imminent. this is probably a start of an uptrend will see the reaction after 4hr candle close.
Position already taken.
Invalidation 4hr closed below previous LH.
Entry = 0.9475
Stoploss = 0.94917
TP = 0.96155

Kommentera:

Important updated !!!
went up right after I took the entry.
Hence I raised the stop loss to lock the profit,
I stop out at = 0.9630