It is around the resistance zone,and there is an engulfing.
But I did not enter.
The reason is because even though zones are quite vague and not only a line, the real resistance is still a bit further up.
You are supposed to see how price reacts when it hits the resistance zone.
The price action at the circled level is still not definitive enough.
People will only panic and react only when the price starts testing the previous 3 highs.
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