ADAMFXNJπ
π1 Free Signal Daily #freegoldsignals π°Gold and Silver Only #Gold #Silver π―4000 Pips Monthly Target #xauusd π―90% Accuracy #forex π10 Years Experience #trading Contact: t.me/Jameshendersonfx
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BEARISH ENGULFING FAILED β
β
Sellers are overtaken by buyers on the next candle
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Wait for the price to pull back to the failed engulfing zone to enter a buy position
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Set take profit (TP) at the resistance level and stop loss (SL) below the failed engulfing zone
Feel free to share this with your friends who need this education. Hopefully, it will be beneficial π
π 62β€ 53π₯ 44π 39
How about Bearish Engulfing Failed ( Buy Setup ) ? Lets seeπ
β€ 80π₯ 61π 57π 34
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BULLISH ENGULFING FAILED β
β
Buyers are overtaken by sellers on the next candle
β
Wait for the price to pull back to the failed engulfing zone to enter a sell position
β
Set take profit (TP) at the support level and stop loss (SL) above the failed engulfing zone
β€ 68π₯ 50π 37π 28
Example on the chart ? Lets start with the Bullish Engulfing failed ( Sell Setup )π
β€ 48π₯ 35π 31π 22
Usually i will use Engulfing candlestick right to share the signal ? But this time is a little bit differentπ₯
π 52β€ 51π₯ 42π 39
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ENGULFING FAILED STRATEGY
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Bearish engulfing failed: After the bearish engulfing candle closes, the buyer volume will increase on the next candle, and the bearish engulfing is no longer valid
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Bullish engulfing failed: After the bullish engulfing candle closes, the seller volume will increase on the next candle, and the bullish engulfing is no longer valid
π₯ 64β€ 60π 51π 43
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Trade active and Running +40 PIPSβ
Can close now. Who wanna hold do set BE for 0% risk.
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