H1 bullish engulfing candle has been generated but candle closed in daily bearish engulfing zone.
my view is that the asia leg up was an impulse move and london having a pullback. note the h1 eg buy.
higher time frames engulf h4, d1, w1 tell you the direction to trade. wait for lower time frames engulf to confirm the htf direction.
closing with a touch of ema 1440 , with a good run of 25+pips,can burst really really hard ,but it is enough with this lot size
closed at 2386. Now waiting for bearish engulfing candle to close below 2380.86 for short position with target of 2376.