Although my overall bias on this pair is long (higher time frame - monthly level break), a Bearish engulfing candle at a level this strong feels too good to ignore. I have a very effective method of trading engulfing candles, this means i'm already in and already risk free. We also have divergence across the last two peaks.
@eddy033, thanks Ed, I actually closed this trade early as i lost confidence on the pull-back. Not the end of the world as nothing was lost and there is always more fish in the sea!