price is in a rising channel,
a lot of engulfing formations have formed which indicate downward movement, price keeps going up
the long wick at the top candle may be a reversal sign along with the following engulfing candle
if price breaks channel to the downside i expect to see further downward movement
a lot of engulfing formations have formed which indicate downward movement, price keeps going up
the long wick at the top candle may be a reversal sign along with the following engulfing candle
if price breaks channel to the downside i expect to see further downward movement