Hey Everyone!!
This is how I trade. The engulfing pattern on the left indicates more buying interest than selling in that area. I will buy in and around 111.00
Long or Short: Long
Entry Point: Engulfing in Demand
Stop Loss: 110.90 Profit Target/s: 111.35 next visible supply.
Reward-to-risk Ratio: roughly 3:1
Risk percentage: 1%
Indicators used: None
Trade Rationale: First Return to a level of Demand
