Sentences with phrase «bullish engulfing pattern as»

I use these exact techniques to trade the bullish engulfing pattern as well.

I prefer to use price action signals like the hammer (with confirmation and pullback) or bullish engulfing pattern as an entry trigger for this pattern.

In the example below, I used a bullish engulfing pattern as my entry trigger.

Not exact matches

In the example above, we took a bullish engulfing candlestick pattern as our entry.

With the bullish divergence, a bullish engulfing candlestick pattern formed and we bought (as shown by the green arrow).

I love the engulfing strategy the most, and actually just look at bullish / bearish engulfing pattern (as a beginner)... but I have 1 question for you.

I'm defining a bullish engulfing candlestick pattern as one in which the bullish real body of a candle engulfs the bearish real body of the previous candle.

As such, a true bearish engulfing pattern will only come after a bullish movement in price (consecutive higher highs).