Engulfing pattern on Dollar index

US DOLLAR CURRENCY INDEXINDEX

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⋅ ١٢ كانون الثاني يناير ٢٠١٥ ١٨:٥٠

Engulfing candle can be a reversal pattern but also can indicate a place to take profit. Clear correction is taking place here. Take profit and wait for retrecement to ad to long positions at 20ma

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