Bearish Engulfing Pattern at ATHs

7 בינו׳ 2022

At the previous weeks close we saw an inverted hammer at the top of the trend, with this weeks close we can see a bearish engulfing pattern on the weekly chart. Along with this we may also have the January effect come in and create the sentiment for the rest of the year. I personally feel the market is going to crash very soon, however, you can only play the price action that is given to you