Identifying BEARish and BULLish Engulfing Candles!

I boxed out SUPPLY and DEMAND by identifying the bearish and bullish engulfing candles.First I picked my pair and charted my HIGH and LOW on the daily window. Then from my High moving left to right I found the first qualifying bearish engulfing candle from the High and 1st qualifying bullish engulfing candle from the Low. Then using the line chart I marked my SUPPORT and RESISTANCE Lines. My next step is to trap the Market using trend lines. This my very first marked chart. I'm proud of it but I am always open to tips and pointers.
Trend Analysis

免責聲明