Price broke out the clear ranging area and then retraced back to that area, Now we are going to have a bearish pin bar and if it engulfed / breakout the previews bullish candle then it will be a good shorting opportunity.
If this candle didn't engulfed / breakout the previews bullish candle we will wait to see next candle close if that was a good bearish candle and engulfed the previews candle then we will go short.
If this candle didn't engulfed / breakout the previews bullish candle we will wait to see next candle close if that was a good bearish candle and engulfed the previews candle then we will go short.