Bullish Engulfing BreakoutAs we can see on the level that I mark, there’s engulfing price action on the red box. That’s what we call bullish engulfing breakout become bearish engulfing
This level is not yet tested & the confirmation part I will reveal on 1 minute timeframe. This setup is only use 15 minute timeframe
The direction is clearly still sell since market cannot make new higher high. Thus, I’m only using this timeframe to identify our key level
We will see the confirmation on 1 minute. Simple setup, no pricey technique, just using foundation in trading
