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I previously made a blog post on December 18 showing a possible trade entry set up on the EURUSD after a significant bearish engulfing candle formation formed after Janet Yellen dismissed rumours of a rate hike. Link to the previous post can be found here http://www.dukascopy.com/fxcomm/blog/?action=post-show&post_id=36356.
Entry set up looked liked this
Following up on the original set up we can see that price did indeed have quite a momentous fall after the bullish engulfing formation falling …
Entry set up looked liked this
Following up on the original set up we can see that price did indeed have quite a momentous fall after the bullish engulfing formation falling …