AUDUSD - Long potential on Bullish engulfing candle

Daily rejection candle which followed by a bullish engulfing candle sign a move higher potential on this pair. This bias also supported by rejection candle that formed on the weekly timeframe .

Entry: Current price (Agressive) / Wait for a confirmation on a lower timeframe (Conservative)
Stop: Below the bullish engulfing candle
Target: First blue line

"Losing is an inseparable part of trading. Do your risk calculation properly!!!"
Candlestick AnalysisdisarestaSupport and Resistance

Adityan Mulia, M.T
TradingView Indonesia

Email:
madityan@tradingview.com

Telegram channel
t.me/centrillionproject
Também em:

Aviso legal