This is the gold analysis for educational purpose. Based on the candlestick patterns formation on the HTF take the entries long or shot. You can contact me to learn complete technical analysis and price action. How to take entries and exit the market with proper analysis and proper knowledge. Good luck happy trading!
On daily bullish engulfing pattern is formed at daily support level, so we have to wait for retracement to the level and must buy after bullish candlestick confirmation. But this is market and anything can happen so follow the price action and take entry near the zone based on bullish or bearish evidence.