Going short with engulfer
ZXY is bearish and JXY is bullish on the Daily chart
1. The chart has defined the LH
2. shooting star candle spotted
3. bearish trend line is playing as resistance
4. next FIB. Retracement 0.5 level will be the resistance
5. Bottom to top Time Cycle on the hourly chart is 43 bars
6. RSI is still in the middle so no divergence is needed
7. No pattern was found
1. The chart has defined the LH
2. shooting star candle spotted
3. bearish trend line is playing as resistance
4. next FIB. Retracement 0.5 level will be the resistance
5. Bottom to top Time Cycle on the hourly chart is 43 bars
6. RSI is still in the middle so no divergence is needed
7. No pattern was found
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