Engulfing pattern on URC

URC is showing a reversal pattern via the Engulfing pattern on its last two candlesticks. Will it reverse the trend at this time? We have seen URC drop hard last Thursday followed by another drop the next day but today the bulls came out and push the price up.

Engulfing patterns are not so strong though. With current market situation one must be careful and act immediately if this reversal pattern will not be confirmed.

Kijun Sen line seems to move horizontally, will it attract the price to come near it?


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