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HOW TO TRADE ENGULFING CANDLE

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The signal here is an engulfing bar pattern;  you can apply the same rules when trading the inside bar candlestick pattern  Your ability to identify an engulfing candlestick at a key level in a clear uptrend or downtrend will greatly enhance the probabilities of making a wining trade.  

DOUBLE TOP PATTERN

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DOUBLE TOP PATTERN πŸ“ˆ A double top is only confirmed once prices closes below the neckline level. The short position can be taken in the pullback retest of the neckline, or after making the second top. The SL should be placed above those last highs.  

Candle Stick

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 Candle StickπŸ“ˆ If the close is above the open, we can say that the candlestick is bullish which means that the market is rising in this period of time.  Bullish candlesticks are always displayed as white candlestick.   The most trading platform use white color to refer to bullish candlesticks. But the color doesn’t matter, you can use whatever color you want.   The most important is the open price and the close price. 

Cup & Handle Pattern

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CUP & HANDLE PATTERN πŸ“ˆ The “Cup and Handle” pattern is a bullish pattern which signals a possible extension of the current trade. Is a buy opportunity when the resistance flips into support.  

Forex Trader

I am a content provider, Daily/Weekly insights and analysis on the Market. Not A Paid Group just traders that love trading. I have spent 10 years compiling, testing, organizing, and consistently updating this method to create my own new version, which is considered to be the easiest and most profitable trading system.  The market analysis trading method that is going to finally take your trading to where it should be, consistent, profitable, easy and requiring very little time and effort. 

Price Action

I am a Swing Trader | Price Action & Fibonacci | Not Financial Advice. I have spent 10 years compiling, testing, organizing, and consistently updating this method to create my own new version, which is considered to be the easiest and most profitable trading system.  The Pics Action trading is the trading method that is going to finally take your trading to where it should be, consistent, profitable, easy and requiring very little time and effort.