Forex Engulfing Candle

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Figure 1 Using The Indicator To Filter On Engulfing Pattern Strength

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As You Can See From The Exle Above Red Candle Was Followed By Three Consecutive Green Bullish Candles Forming On Top Of A Major Support Area

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There Is A Resistance Area And Bearish Engulfing Pattern Forms Are Only Two Candles That Prise The Candlestick

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An Engulfing Candle Should Pletely Engulf Cover The Preceding Of Opposite Trend As Demonstrated In Following Diagram

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