BTCUSD is reminiscing past bullish engulfing candle

٢٩ ديسمبر ٢٠١٨

We can see that BTCUSD is repeating the past candles pattern. If the next current bullish engulfing candle went hammer candle, it will likely repeat its pattern
combined with the inverted head and shoulders. Weekly candle has strong impact on overall price movement.