Engulfing Pattern

Discuss the 'Engulfing Pattern' pattern here.

Sell moment...

The engulfing pattern is by far one of the most important, but ignored patterns in forex. Although you clearly have only one type of engulfing pattern, WHEN the engulfing pattern occurs is the by far one of the most important things in forex. Have a look at the picture below and tell me how many engulfing patterns do you see between the 0.0 and 100.00 fib level.

Cursory look , since 1 figure.
Well, for M1 analyze it masochism ...😲

2 engulfing 1bullish and 1 bearish thanks for the chart

hello ,

nice short

Engulfing pattern so far is the best of all patterns

I think 3 engulfing

AudUsd on the daily has presented an ENGULFING patter.

If you look at the week chart on AU, you can see 7 wicks have been thrown to the 0.73832 area,
and hasnt had a candle close below that are since JAN 2017.

SHARK HARMONIC PATTERN ON THE WEEKLY CHART
WITH AN ENGULFING PATTERN ON THE DAY.

BUYBUYBUYBUYBUY

goyankees85 posted:
 The engulfing pattern is by far one of the most important, but ignored patterns in forex. Although you clearly have only one type of engulfing pattern, WHEN the engulfing pattern occurs is the by far one of the most important things in forex. Have a look at the picture below and tell me how many engulfing patterns do you see between the 0.0 and 100.00 fib level.

I see 2 engulfing patterns

The pattern is often seen as a strong reversal signal and traders look for confirmation from other technical indicators before making a trade.

Best Regards,
Dom

I think 3 engulfing

Englfing is such an underrated formation. If I see price is topping or bottoming, I just wait for engulfing candle. Simple but good entry