How to Trade Bullish Engulfing Pattern
and grab Trend initial to END of Trend.
What is a bullish engulfing pattern?
A bullish engulfing pattern is a candlestick pattern normally found at the end of a trend. Engulfing pattern is created by interpreting the data of two completed candles.
The first candle will depict the end of the currency pairs established weakness.
The size of this primary candle can vary from chart to chart and is not directly pertinent to the pattern itself.
The second candle in the most important candle of the pattern and is considered the actual reversal signal. Ideally the high of this candle should extend well above the high of the previous candle. This action often precedes a continued rise in price with buyers looking to enter the market on new strength.
How to Uses in Trading
Once a bullish engulfing pattern is found, traders had the option of considering a variety of entry mechanisms to place new positions.
The low of a bullish engulfing pattern can also be used as an area of support. Regardless of the method chosen to pick a market entry, traders may choose to
place stop orders under this price level in the event that a bullish reversal fails and a lower low is made.
But There are more accurate Engulfing pattern
Advanced Engulfing Trade
this method more accurate to identify
trend start, trend end reverse, retracement
this graph vertical line shows engulfing pattern
but there are Advanced engulfing pattern
as you can see almost trader invisible
New to the Trading market?
Save hours in figuring out what trend start, trend end. retracement reversing is all about.
In the course, you will learn about the advance of a trend and trend change Trading
what Trend is, and how to determine Trade entry to maximize your profit for your trading.
To your success,
Long hang seng
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performance of any trading system or methodology is not necessarily indicative of future results.
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PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT
BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET
FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT
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