How to Trade Engulfing Candlestick Patterns Tutorial
Bearish Engulfing PDF
Engulfing Candlestick Pattern is a reversal candle pattern which can be bearish or bullish depending upon whether it appears at the end of a gold trading down trend or at the end of a gold upwards trend.
Bullish Engulfing Candle Pattern - Bearish Engulfing Candle Pattern
Bearish Engulfing PDF
The color of the first gold candle indicates gold trend of the day.
The second gold candle should completely engulf the first xauusd candle & it should have the opposite color.
For Bullish Engulfing the color of the gold candlestick should be Blue
For Bearish Engulfing the color of the gold candlestick should be Red
How to Trade Engulfing Candle Patterns Tutorial - Engulfing Gold Candlesticks Strategy - What is Engulfing Gold Candle in Gold Trading Market? - Bullish XAUUSD Candle Patterns Guide - Types of Engulfing Gold Candle Indicator Patterns - How to Trade Bearish Engulfing Pattern - Bearish Engulfing PDF - How to Trade Bullish Engulfing Gold Candle - Bullish Engulfing Guide
Evening Star Candle Pattern
Morning Star Candle Pattern
Morning Star Candle Pattern
Gold Analysis of Morning Star Pattern
Morning star is a 3 day bullish reversal candlestick pattern.
First day is a long black xauusd candlestick.
Second day is a morning star which gaps away from the long black xauusd candlestick.
Third day is a long white xauusd trading candle that fills the gap.
The filling of the gap & closing of the white gold candlestick above the gap is a strong bullish xauusd trade signal.
Traders should open a buy gold trade after market xauusd price closes above the gap formation of morning star candlestick pattern. This is the confirmation trading signal of a buy signal generated by this xauusd candle sticks pattern.
Evening Star Candle Pattern
Opposite of the morning star
Evening Star Candlestick Pattern
XAUUSD Trading Analysis of Evening Star Candle Pattern
Evening star is a three day bearish reversal candlestick pattern.
The first day is a long white xauusd candlestick.
Second day is the evening star which gaps away from the long white candlestick.
Third day is a long black xauusd trading candle that fills the gap.
The filling of the gap & closing of the black gold candle below the gap is a strong bearish xauusd trade signal.
Traders should open a sell gold trade once the xauusd market closes below the gap formation of evening star candle pattern. This is the confirmation signal of a sell signal generated by this xauusd candle pattern.
