BITCOIN BTCUSD LONG
Updated
Engulfing candle pattern off the back of a good run of Bear candles, the more the better. Really clear confirmation, here with some deceleration then the engulfing Bull candle.
Comment
We are still open on our position, we have seen a Bullish breakout and close above the management zone. Followed by a strong Bear candle, let me explain this a bit as it looks like an engulfing. The previous Bull candle is a continuation candle stick, long wick at the bottom small head. This is why we held our position and waited for the next candle to open and close. Comment
And we are off again! 
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.