Really liked the consolidation on the 1hr chart leading up to the short trade. The second candle after the bearish engulfing was the confirmation as the engulfing candle also broke the .3000 level and the second candle opened below the MA and the high never reached .3000 level, the MA crossing on the 1hr chart was another confirmation that the downtrend was kicking in
Yorum:
Not engulfing I was looking at a different chart. Spinning top followed by an inverted hammer