EURUSD Long Engulfing Candle 50% Retrace Open to 162% Fib TP

٢ يونيو ٢٠٢٠

Trend continuation following period of retracement, large engulfing candle does not provide sufficient risk to reward ratio 1:3 hence open if price retraces to 50% of the engulfing candle. Take profit is 162% Fibonacci extension.