BTC - H4 - BEARISH ENGULFING PATTERN !
H4 : Last candle is showing a bearish engulfing pattern
Today's recovery has been... for the time being short lived.
Indeed, failure to crossover Kijun-Sen and this 2 consecutive times triggered selling pressure
which push down again the BTC inside the falling wedge and below the downtrend line resistance
H1 : Watch this time frame,for clues and intermediate signals; clouds are working, so far, very well as resistance area
intraday's high being roughly at the middle of the clouds which is by the way also Kijun-Sen level...
Today's recovery has been... for the time being short lived.
Indeed, failure to crossover Kijun-Sen and this 2 consecutive times triggered selling pressure
which push down again the BTC inside the falling wedge and below the downtrend line resistance
H1 : Watch this time frame,for clues and intermediate signals; clouds are working, so far, very well as resistance area
intraday's high being roughly at the middle of the clouds which is by the way also Kijun-Sen level...
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