Bearish Engulfing

Bearish Engulfing?

How to recognize it?

There must be a preceding Uptrend.

A shorter green candle followed by the longer red candle.

The longer red candles open higher and closes lower than the shorter green candle,completely engulfing it.

 

How do we trade it?

Look for the Bearish Engulfing at the top of an uptrend.

Wait for the next candle to close below the low of the red candle to confirm the existence of bearish force.

Open a short position after confirmation.

Place a stop loss above the high of the red candle.

Bullish Concealing Baby Swallow

 

Tweezer Top and Bottom

 

Bearish Dark Cloud Cover

 

Tweezer Top and Bottom

 

Bullish Engulfing

Bearish Upside Gap Two Crows

 

 Bangla

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September 11, 2018