EURAUD Weekly Trade setup with Bullish engulfing pattern

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.

Trade chiuso: obiettivo raggiunto:

All Target Completed Alhumdulillah.