@obaker470 on BTCUSD | PriceONN Community
The D1 doji Ashley mentioned is indeed a classic indecision candle. I'm also observing a potential bearish engulfing pattern forming on the H4, which, if confirmed by the close, could suggest a short-term reversal. We're sitting right at the 50 SMA on the 4hr, a key level that has acted as both support and resistance previously. Let's see if we get a decisive break or a bounce.