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Engulfing candle pattern

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Culun

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Form of Engulfing Candle Pattern

The engulfing candle pattern consists of 2 candlestick bars where the last bar is 'swallowed' (engulf) the previous bar with a longer body candle. This engulfing pattern will be more valid if it has a short tail or no tail, because the long tail reflects the uncertainty of the direction of price movements or the tendency to consolidate. Usually traders determine the validity of this pattern with the bar's length that "swallows" no more than 20% -25% of the total body candle length.
Engulfing candle pattern in Forex Education_index
Trading with Engulfing Patterns

In a trending market, this pattern implies a trend reversal, because it shows a strong shift in momentum from sell to buy in a downtrend, or from buy to sell in an uptrend. The stronger the trend, the higher the probability. In addition, this pattern will be more accurate at a higher time frame.


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#1 - February 17, 2019, 04:55:42 PM
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« Last Edit: February 17, 2019, 11:27:34 PM by Mikser »

Black_Koujee

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Quote from: Culun on February 17, 2019, 04:55:42 PM
Form of Engulfing Candle Pattern

The engulfing candle pattern consists of 2 candlestick bars where the last bar is 'swallowed' (engulf) the previous bar with a longer body candle. This engulfing pattern will be more valid if it has a short tail or no tail, because the long tail reflects the uncertainty of the direction of price movements or the tendency to consolidate. Usually traders determine the validity of this pattern with the bar's length that "swallows" no more than 20% -25% of the total body candle length.
Engulfing candle pattern in Forex Education_index
Trading with Engulfing Patterns

In a trending market, this pattern implies a trend reversal, because it shows a strong shift in momentum from sell to buy in a downtrend, or from buy to sell in an uptrend. The stronger the trend, the higher the probability. In addition, this pattern will be more accurate at a higher time frame.

I often hear this pattern, but I am often indifferent to it. Because in my opinion this pattern is not very profitable. If you wish, can you explain in more detail about this pattern? What is the probability, example entry and placement of take profit and stop loss on the real market
#2 - February 19, 2019, 01:17:17 AM

Mulyana

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Quote from: Black_Koujee on February 19, 2019, 01:17:17 AM
I often hear this pattern, but I am often indifferent to it. Because in my opinion this pattern is not very profitable. If you wish, can you explain in more detail about this pattern? What is the probability, example entry and placement of take profit and stop loss on the real market
I want to ask if after the candle pattern appears will the candle be reset first?
#3 - February 19, 2019, 10:30:26 AM

Aranchar

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Quote from: Culun on February 17, 2019, 04:55:42 PM
Form of Engulfing Candle Pattern

The engulfing candle pattern consists of 2 candlestick bars where the last bar is 'swallowed' (engulf) the previous bar with a longer body candle. This engulfing pattern will be more valid if it has a short tail or no tail, because the long tail reflects the uncertainty of the direction of price movements or the tendency to consolidate. Usually traders determine the validity of this pattern with the bar's length that "swallows" no more than 20% -25% of the total body candle length.
Engulfing candle pattern in Forex Education_index
Trading with Engulfing Patterns

In a trending market, this pattern implies a trend reversal, because it shows a strong shift in momentum from sell to buy in a downtrend, or from buy to sell in an uptrend. The stronger the trend, the higher the probability. In addition, this pattern will be more accurate at a higher time frame.
Wow this is a technique that I often use
engulf technique
engulf technique I think this is very profitable
just need patience

as long as I use the engufl technique.
profit percentage of almost 70%
maybe if it's pictured
of 10 trials
7 succeed
3 failed

and for the use of this engulf technique, it is better in h4 timefram
#4 - February 21, 2019, 05:44:45 AM

dwi furqon

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Quote from: Culun on February 17, 2019, 04:55:42 PM
Form of Engulfing Candle Pattern

The engulfing candle pattern consists of 2 candlestick bars where the last bar is 'swallowed' (engulf) the previous bar with a longer body candle. This engulfing pattern will be more valid if it has a short tail or no tail, because the long tail reflects the uncertainty of the direction of price movements or the tendency to consolidate. Usually traders determine the validity of this pattern with the bar's length that "swallows" no more than 20% -25% of the total body candle length.
Engulfing candle pattern in Forex Education_index
Trading with Engulfing Patterns

In a trending market, this pattern implies a trend reversal, because it shows a strong shift in momentum from sell to buy in a downtrend, or from buy to sell in an uptrend. The stronger the trend, the higher the probability. In addition, this pattern will be more accurate at a higher time frame.
Good afternoon, Sir. Thank you for the material, sir, it can be my learning material in trading. Can we trade in forex just by using candlestick help on the top sir? time frame how many packs for reading candlesticks on sir?


#5 - February 21, 2019, 05:49:24 AM

Aranchar

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Quote from: dwi furqon on February 21, 2019, 05:49:24 AM
Good afternoon, Sir. Thank you for the material, sir, it can be my learning material in trading. Can we trade in forex just by using candlestick help on the top sir? time frame how many packs for reading candlesticks on sir?


I think you can, sir.

I also used this engulf technique, almost two months,
and the results are quite satisfying for me

you just see which candle is lost by the other candle

10 pips bullish canlde is already engulled when there is a 20pip beeswax
it already fulfills laden
and for the entry you have to wait for the successful closed candle engulf

for timefram it is better to use h4
#6 - February 21, 2019, 05:53:19 AM

Lordmishi

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Quote from: Culun on February 17, 2019, 04:55:42 PM
Form of Engulfing Candle Pattern

The engulfing candle pattern consists of 2 candlestick bars where the last bar is 'swallowed' (engulf) the previous bar with a longer body candle. This engulfing pattern will be more valid if it has a short tail or no tail, because the long tail reflects the uncertainty of the direction of price movements or the tendency to consolidate. Usually traders determine the validity of this pattern with the bar's length that "swallows" no more than 20% -25% of the total body candle length.
Engulfing candle pattern in Forex Education_index
Trading with Engulfing Patterns

In a trending market, this pattern implies a trend reversal, because it shows a strong shift in momentum from sell to buy in a downtrend, or from buy to sell in an uptrend. The stronger the trend, the higher the probability. In addition, this pattern will be more accurate at a higher time frame.
i try to apply this in my trade and yeah thi is good but i think that it is not good for swing trade, because sometime i loss or maybe im just to newbie in this, i think that this pattern very good for big news because you can follow the trend
#7 - February 21, 2019, 03:55:04 PM

Chiffa

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Quote from: Culun on February 17, 2019, 04:55:42 PM
Form of Engulfing Candle Pattern

The engulfing candle pattern consists of 2 candlestick bars where the last bar is 'swallowed' (engulf) the previous bar with a longer body candle. This engulfing pattern will be more valid if it has a short tail or no tail, because the long tail reflects the uncertainty of the direction of price movements or the tendency to consolidate. Usually traders determine the validity of this pattern with the bar's length that "swallows" no more than 20% -25% of the total body candle length.
Engulfing candle pattern in Forex Education_index
Trading with Engulfing Patterns

In a trending market, this pattern implies a trend reversal, because it shows a strong shift in momentum from sell to buy in a downtrend, or from buy to sell in an uptrend. The stronger the trend, the higher the probability. In addition, this pattern will be more accurate at a higher time frame.
this is one form of candle pattern that every trader must know.
because by just knowing the pattern of candles you can decide when you enter the trade.

I hope you can publish another candle pattern, because many friends here don't know it yet

thank you for sharing
#8 - February 22, 2019, 07:16:54 AM

harisuwx

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Quote from: Culun on February 17, 2019, 04:55:42 PM
Form of Engulfing Candle Pattern

The engulfing candle pattern consists of 2 candlestick bars where the last bar is 'swallowed' (engulf) the previous bar with a longer body candle. This engulfing pattern will be more valid if it has a short tail or no tail, because the long tail reflects the uncertainty of the direction of price movements or the tendency to consolidate. Usually traders determine the validity of this pattern with the bar's length that "swallows" no more than 20% -25% of the total body candle length.
Engulfing candle pattern in Forex Education_index
Trading with Engulfing Patterns

In a trending market, this pattern implies a trend reversal, because it shows a strong shift in momentum from sell to buy in a downtrend, or from buy to sell in an uptrend. The stronger the trend, the higher the probability. In addition, this pattern will be more accurate at a higher time frame.
I always use this pattern, in my opinion this pattern will be valid when there is become support support become one in bearish engulfing or bullish engulfing line
#9 - February 22, 2019, 10:02:43 PM

Culun

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Quote from: harisuwx on February 22, 2019, 10:02:43 PM
I always use this pattern, in my opinion this pattern will be valid when there is become support support become one in bearish engulfing or bullish engulfing line
Really sir.  So we can see the closing of the next candle when we want to take a buy or sell action.
#10 - February 23, 2019, 08:26:46 AM

Fxortrader

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Engulfing candle pattern in Forex Education_candle-advance-1

In the description on the pictures, the Advanced Candlestick Pattern is indicated by the trend prediction (direction of price movements) next.
Reversal Rise = trend reverses from down to (will start) up
Reversal Down = trend reverses from rising to (will start) down
Sideways = the trend will fluctuate in a certain distance / range
Forwarding Up = the trend will rise even higher, continuing the uptrend before
Forwarding Down = the trend will drop even lower, continuing the previous downtrend
#11 - February 23, 2019, 09:01:41 AM

Alfrians

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Quote from: Fxortrader on February 23, 2019, 09:01:41 AM
Engulfing candle pattern in Forex Education_candle-advance-1

In the description on the pictures, the Advanced Candlestick Pattern is indicated by the trend prediction (direction of price movements) next.
Reversal Rise = trend reverses from down to (will start) up
Reversal Down = trend reverses from rising to (will start) down
Sideways = the trend will fluctuate in a certain distance / range
Forwarding Up = the trend will rise even higher, continuing the uptrend before
Forwarding Down = the trend will drop even lower, continuing the previous downtrend
wow, there are so many forms of candles, to understand the form is quite long sir!
#12 - February 23, 2019, 09:26:43 AM

Hesti

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Quote from: Culun on February 17, 2019, 04:55:42 PM
Form of Engulfing Candle Pattern

The engulfing candle pattern consists of 2 candlestick bars where the last bar is 'swallowed' (engulf) the previous bar with a longer body candle. This engulfing pattern will be more valid if it has a short tail or no tail, because the long tail reflects the uncertainty of the direction of price movements or the tendency to consolidate. Usually traders determine the validity of this pattern with the bar's length that "swallows" no more than 20% -25% of the total body candle length.
Engulfing candle pattern in Forex Education_index
Trading with Engulfing Patterns

In a trending market, this pattern implies a trend reversal, because it shows a strong shift in momentum from sell to buy in a downtrend, or from buy to sell in an uptrend. The stronger the trend, the higher the probability. In addition, this pattern will be more accurate at a higher time frame.
Where should we entry , instan order/early execution or pending order/wait
#13 - February 23, 2019, 11:18:32 AM

Ellashabets

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Quote from: Hesti on February 23, 2019, 11:18:32 AM
Where should we entry , instan order/early execution or pending order/wait
when an egulfing candle is formed, we can enter buy or sell orders.

my understanding is like that.
#14 - February 23, 2019, 11:33:19 AM

Hesti

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Quote from: Ellashabets on February 23, 2019, 11:33:19 AM
when an egulfing candle is formed, we can enter buy or sell orders.

my understanding is like that.
In what time frame we can use this method ?
#15 - February 23, 2019, 11:37:58 AM
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