📊 Engulfing Candle Explained
One of the strongest reversal signals in trading...
🟢 Bullish Engulfing
After a downtrend, a strong green candle engulfs the previous one → buyers take control 📈
🔴 Bearish Engulfing
After an uptrend, a strong red candle engulfs the previous one → sellers take control 📉
💡 Key idea:
Engulfing = shift in momentum
Wait for confirmation, then follow the move.
One of the strongest reversal signals in trading...
🟢 Bullish Engulfing
After a downtrend, a strong green candle engulfs the previous one → buyers take control 📈
🔴 Bearish Engulfing
After an uptrend, a strong red candle engulfs the previous one → sellers take control 📉
💡 Key idea:
Engulfing = shift in momentum
Wait for confirmation, then follow the move.
Alys Trading
📊 GBPJPY – 4H Trade Setup BUY Setup ⏰ Timeframe: 4H 📍 Entry: 210.80 – 211.40 🎯 TP: 213.30 🛑 SL: 209.80 Price is at a strong demand / support zone, so an upside move is possible if a bounce occurs. Always use proper risk management. 📈 #forex #trading #gbpjpy…
⚡ Trade Update – Partial Profit
📊 Pair: #GBPJPY
⏰ Timeframe: 4h
🎯 100% TP Hit successful dane
Good move from the market. Partial profit secured.
📊 Pair: #GBPJPY
⏰ Timeframe: 4h
🎯 100% TP Hit successful dane
Good move from the market. Partial profit secured.
Price usually tend to take liquidity from equal highs/lows before forming a specific move.
A bearish move for example requires enough buy positions to be available in the market in order for the down move to occur.
The buy positions can be in 2 different forms:
1- Buy stops resting above the highs.
2- Stop losses of sell orders.
So in other words, sellers will be stopped out as well as buyers who are buying the high before a bearish move occurs.
A bearish move for example requires enough buy positions to be available in the market in order for the down move to occur.
The buy positions can be in 2 different forms:
1- Buy stops resting above the highs.
2- Stop losses of sell orders.
So in other words, sellers will be stopped out as well as buyers who are buying the high before a bearish move occurs.
Alys Trading
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Candle Engulfs:
These occur when price moves into an area for a candle.
The move is then completely reversed, showing signs for a stronger move in the engulfing candles direction.
This works best when the engulfing candle takes out the prev candles high or low within its wick.
Honestly this is my favourite candlestick pattern
These occur when price moves into an area for a candle.
The move is then completely reversed, showing signs for a stronger move in the engulfing candles direction.
This works best when the engulfing candle takes out the prev candles high or low within its wick.
Honestly this is my favourite candlestick pattern