Engulfing Candle

When you are registered you will be notified every time we publish a new article - You will also get access to our FREE products including The 3 Little Pigs Trading Strategy -

Engulfing Candle Infographic

Engulfing Candles provide potential reversal signals - We show you how to spot them and trade them.

Engulfing Candle Characteristics

Bullish Engulfing Candle

Down Trend

Preceding Bearish Candle

Open at or below the previous close
Bullish Candle
Close at or above the previous open

Close preferably near the high

Bearish Engulfing Candle

Up Trend

Preceding Bullish Candle
Open at or above the previous close
Bearish Candle

Close at or below the previous open

Close preferably near the low

Conservative Trading Plan Approach

Reverse Rules For Bearish Engulfing

ENTRY: Above the high of the Bullish Engulfing candle

STOP: Below the low of the Bullish Engulfing candle

TARGET: 1:1 Risk:Reward

Also Remember ! The higher the time-frame the stronger the signal

Penulis : Unknown ~ Sebuah blog yang menyediakan berbagai macam informasi

Artikel Engulfing Candle ini dipublish oleh Unknown pada hari Saturday, 26 October 2013. Semoga artikel ini dapat bermanfaat.Terimakasih atas kunjungan Anda silahkan tinggalkan komentar.sudah ada 0 komentar: di postingan Engulfing Candle