Engulfing Candlestick Rules

Engulfing Candlesticks Pattern

Engulfing Candlesticks Pattern is a reversal candlesticks pattern which can be bearish or bullish depending upon whether it appears at the end of a downward trend or at the end of a upwards trend.

How to Trade Engulfing Candlestick Setups PDF - How Do I Interpret Types of Engulfing Candlestick?

Bullish Engulfing Candlesticks Pattern - Bearish Engulfing Candlesticks Pattern

Analysis of

The colour of the first candlestick shows trend of the day.

The second candlestick should completely engulf the first candlestick and it should have the in the opposite market trend color.

For Bullish Engulfing colour of the candles should be Blue

For Bearish Engulfing colour of the candles should be Red

Engulfing Candle Strategy - Bullish Candles Patterns Lesson - Types of Engulfing Candlestick Indicator Patterns - Bearish Engulfing Candlesticks Pattern in an Up trend - Bullish Engulfing Candlesticks Pattern in an Downtrend

Evening Star Candlesticks Pattern

Morning Star XAUUSD Candle

Engulfing Candlestick Strategy - Engulfing Candlestick Rules - The Engulfing Trader PDF

Morning Star Candlestick

XAU/USD Analysis of the Morning Star Candle Pattern

Morning star candle is a 3 day bullish reversal candlesticks pattern.

First day is a long black candlestick.

Second day is a morning star that gaps away from the long black candlestick.

Third day is a long white candles that fills the market gap.

The filling of the trading gap & closing of the white candles above the market gap is a strong bullish xauusd gold signal.

Traders should open a buy trade position after the market price closes above the gap setup formation of morning star candle pattern setup formation. This is the confirmation signal of a buy signal derived and generated by this candlesticks pattern setup formation.

Evening Star XAU USD Candlestick

Opposite of morning star

Engulfing Candlestick Rules - Morning Star Evening Star Candlestick Pattern

Evening Star Candle

Trading Analysis of Evening Star Candlesticks Pattern

Evening star is a 3 day bearish reversal candlesticks pattern setup formation.

The first day is a long white candle.

Second day is the evening star that gaps away from the long white candlestick.

Third day is a long black candlesticks that fills the market gap.

The filling of the gap and closing of the black candlesticks below the gap is a strong bearish xauusd gold signal.

Traders should open a sell trade position once the market closes below gap formation of evening star candle stick pattern. This is the confirmation trading signal of a sell signal derived & generated by this candlesticks pattern setup formation.

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