Resistance turning to support set up
1. Price taking support of past resistnace
2. Bullish engulfing formation at price reversal point
3. Risk to reward is lucrative
4. Follow candle close for stop loss
2. Bullish engulfing formation at price reversal point
3. Risk to reward is lucrative
4. Follow candle close for stop loss
Note
Target profit reached in no time
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.