I believe it's a decent short setup. My stop loss will be above "KEY" level. it should not touch there if it's gonna fall.
Note
this analysis is valid just if the "key" lvl hold the price. by engulfing it isn't valid anymore.
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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.