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Weekly engulfing + neckline combination is back again; the historical win rate is right here—this time the probability of moving upward is high. Just hold the lows.
This is one of the highest-performing reversal candlestick combinations, and it's the same pattern I pointed out previously when BTC was around 76k.
Historically, these two candles are often followed by a strong impulse move. In this case, that impulse should be to the upside as long as we don't break below the current weekly low.