4h Bullish Engulfing forming a Wolfe Wave

In 2 hours the 4h candle should close forming a bullish engulfing candlestick, this is typical price action observed following a bearish trend which we have seen, expecting price to push upwards towards the EPA.

First TP is 115 pips

Nice Risk to Reward on this trade

After the 4h close I'll be placing a buy stop if the highlighted entry price hasn't been breached

Orden cancelada:

Never closed as a bullish engulfing, trade order is cancelled.