WE HAVE AN OVERALL DOWNTREND ON THE MONTHLY, HOWEVER ON THE DAILY WEVE SEEN A RECENT PULLBACK. WITH THIS ENGULFING CANDLE ON THE WEEKLY WE CAN TAKE A STRONG CONSIDERATION THAT WE HAVE ANOTHER BIG DROP COMING ON THE HIGHER TIMEFRAMES. KEEP IN MIND THE POUND IS STILL VERY WEAK. GOODLUCK. MAKE MONEY