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How to Trade Engulfing Bars in Forex?
Trading with the help of Engulfing Bars is considered one of the most powerful and widely used strategies. If identified and understood correctly, the engulfing bars—also known as outside bars– can generate the most reliable and accurate signals. What Is Engulfing Bars? The engulfing bars are of two types; 1) Bullish Engulfing Bar 2) Bearish Engulfing Bar. Let’s discuss each of the types briefly. Bullish Engulfing Bar Bullish Engulfing Bar (BUEB) is a bullish candle which completely engulfs the previous candle, it might engulf more than one candle but to be a valid bullish engulfing bar the candle must engulf ... (full story)
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