HOW TO TRADE BEARISH ENGULFING CANDLESTICK PATTERN

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  • Опубликовано: 21 дек 2024
  • How to trade The Bearish Engulfing Pattern?
    Just like the shooting star, the engulfing pattern can go both ways - so it makes is much easier to learn!
    Just like the bullish engulfing pattern, this is a 2-bar pattern that occurs when the tide changes every quickly and suddenly from buyers in control to sellers taking over.
    You want to make sure that the bearish engulfing pattern closes below the previous candlesticks open price.
    Naturally, this pattern indicates that the markets want to move downwards and breakaway from the previous uptrend.
    These are great candlestick patterns to watch out.
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