I think This is nothing but a hammer on a relatively higher timeframe than the current…bullish engulfing on a lower time frame is a kind of hammer on a higher timeframe than the current TF…
Engulfing patterns are significant in triangle, wedge patterns ect when correlated with a volume spike or decrease and if the occur around support or resistance..
I started using this after one year of trading and not being profitable. I have been using this pattern for the past month and I am now profitable. Wish I would have learned about it when I first started. So sple but it woks well.
I see some people online saying that technical analysis is astrology and I felt like some de motivated about continue learning. do you have other opinion ? Im a little bit confused .
Thanks
So it have to look just like this pattern
I think This is nothing but a hammer on a relatively higher timeframe than the current…bullish engulfing on a lower time frame is a kind of hammer on a higher timeframe than the current TF…
Which time frame is the best for identifying pattern and which time frame should be used by an option trader for intrady trading?
Wait so do i buy or sell if i see a bullish version of this patern?
on what time frame cause you can get a bullish signal this way and price can still reverse … there is no definitives
Are you lying on purpose, or don't you understand forex?
And they wont tell you which time frame they are using !!!
Facts 👍👍
It's called engulfing 😂😂😂
this wont work, no matter how you make the video.
99% of time, this would be the best senario possible, just a very short correction
Nope. You will get absolutely destroyed following this advice.
is robinhood a scam?
The way you said and explained exactly how it works
Please can you tell me time frame
always come back to the basics
Loving Steve shorts 😁
the moset use full thing in the world
why do you only trade retail concepts
Engulfing patterns are significant in triangle, wedge patterns ect when correlated with a volume spike or decrease and if the occur around support or resistance..
I started using this after one year of trading and not being profitable. I have been using this pattern for the past month and I am now profitable. Wish I would have learned about it when I first started. So sple but it woks well.
In which time frame
this type of candle creates perfect orderblock , orderblock can be a start of a big move . thats it
Is it require volume confirmation?
I see some people online saying that technical analysis is astrology and I felt like some de motivated about continue learning. do you have other opinion ? Im a little bit confused .
Your teaching style is nice.
Why dont you call it the engulfing candle like everyone else?
On what time frame is it most effective on the 4 hour ?????
Not true
does it matter if your chart is on the 4h or 1D?
This seemed obvious to me from the first moment I got into trading lmao
Would this be the same as bullish engulfing/bearing engulfing?