Disliked{quote} Hi kapy, thank you for your feedback. For me the last weekly candle is not an engulf. It just a bearish inside bar, closed below previous candle open. I marked 3 previous engulfing candle with arrow for reference. So, in my opinion weekly still engulf north. {image}Ignored
Hi pipmunks,
Ahh now I see what you mean. We have a bit different assumption what engulf is. Here you can see my example. Red arrows = engulf candles, blue arrows = outside candle (these can have even more power).
Attached Image
But doesn't matter how we call them, important is what we look for = momentum.
It's pity that your entry didn't survive. Move on.
Kapy,