This pair painted an engulfing bullish bar after touching the support level and is now seemingly looking higher to test the gap area. Buying here with stops below 1.1520 and looking for 1R-2R targets seem reasonable.
Commento:
5M just broke the top around 1.1580, one reversal attempt is behind us, so far so good.
Trade chiuso: obiettivo raggiunto:
1R target reached, +40 pips. Partial profit taking.
Trade chiuso: obiettivo raggiunto:
2R targets done, +80 pips.