Euro / Canadian Dollar
Long

Forex Support and Resistance : EURCAD Bullish engulfed

44
A bullish engulfing candlestick pattern formed on support of the 4 hour time frame
Entry : After Bullish Engulfing pattern
Stop Loss : Bottom of Bullish Engulfing Pattern
Take Profit : Resistance of the 4 hour time frame / closely monitor when approaching fibonacci retracements

bullish engulfing printed on the support channel of the weekly time frame

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.