Pullback or Change in Trend
Candlestick Pattern: Bearish Engulfing Pattern.
Though trend is upward, but it is breaking previous Higher Low (HL), it may bounce back from support to make a new Lower High (LH) and then resume downtrend.
Candlestick Pattern: Bearish Engulfing Pattern.
Though trend is upward, but it is breaking previous Higher Low (HL), it may bounce back from support to make a new Lower High (LH) and then resume downtrend.