FXORO-XAUUSD-GOLD-TRADING-HUB🔝
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3 Simple Rules in Life
(1) if you do not go after what you want, you will never have it.
(2) if you don't ask, the answer will always be no.
(3) if you do not step forward, you will always be in the same place.
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I'm always happy when I see my Investors sharing their testimony with me here, it always give me more motivation to help more of them always
Another investor ❤️🔥✅👇👇
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BEARISH ENGULFING FAILED ❌
✅Sellers are overtaken by buyers on the next candle
✅Wait for the price to pull back to the failed engulfing zone to enter a buy position
✅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 👌
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👉@Fxoro_Admin ✅️✅️
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How about Bearish Engulfing Failed ( Buy Setup ) ? Lets see👇
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BULLISH ENGULFING FAILED ❌
✅Buyers are overtaken by sellers on the next candle
✅Wait for the price to pull back to the failed engulfing zone to enter a sell position
✅Set take profit (TP) at the support level and stop loss (SL) above the failed engulfing zone
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Example on the chart ? Lets start with the Bullish Engulfing failed ( Sell Setup )👇
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ENGULFING FAILED STRATEGY
✅ 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the bearish engulfing candle closes, the buyer volume will increase on the next candle, and the bearish engulfing is no longer valid
✅ 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the bullish engulfing candle closes, the seller volume will increase on the next candle, and the bullish engulfing is no longer valid
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