The chart you are looking at is showing Daily candles inside Monthly candles. You can see that an bullish engulfing bar formed today in an order block that was created the beginning of last month, Jan 2023. This trade is in line with the bullish trend and could easily yeild 5:1 reward to risk ratio.
Simplify your charting analysis with my Multiple Time Frame Candles indicator available here www.ryanleefx.com/
Happy Trading!
Happy Trading!