EU Long

A strong bullish engulfing candle has been formed in the previous daily candle, which is a very sensitive support zone around the 1.12700 area (red). There was also a false breakout, and the euro has broken my upper TL, along with smashing through a very important weekly support (yellow). Taking it down to the 30 min chart a H&S pattern has also been formed, giving us more movement to the upside.

SL: 1.12960
TP: 1.14000