Possible Setup for USDCHF

The price is reversed from EMA20. Meanwhile, it's been closed under the Monthly S1 pivot point. In addition, the reversal candlestick is Bearish Engulfing --the bearish candle's close is under the lowest price of the previous candle; meanwhile, it has covered <100% of the previous candle. I think these might be a sign of bearish continuation.
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