Again, it is the same strategy as the last two trades. It's a bearish engulfing pattern where the bearish candle has huge volume as compared to the previous green candle. Also, this bearish candle is not breaking the structure, which can provide us with a good risk-reward ratio. It's a good time to enter this strong trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.