✅ 1. Daily Time Frame: Price has been breaking bearish and trending below the 10/50/200 EMAs. ✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bullish candles. ✅ 3. Price has made a 123 Advanced Engulfing candle below the 50ema.
This is a great example of the 123 Advanced Engulfing strategy.