since we are here for mtf engulf in this thread, i want to talk about QM quasimodo.
whether you know it or not, it is another form of engulfing that i am showing.
QM has a H L HH LL in m1.
you can recognize it by drawing the lines or with the 2 red candle boxes.
the right one engulfs the left one.
price returned to the QML level a few times and got rejected.
if you would go to higher time frames, you can see the 2 candles, the right engulfing the left.
whether you know it or not, it is another form of engulfing that i am showing.
QM has a H L HH LL in m1.
you can recognize it by drawing the lines or with the 2 red candle boxes.
the right one engulfs the left one.
price returned to the QML level a few times and got rejected.
if you would go to higher time frames, you can see the 2 candles, the right engulfing the left.
ITB - Seeing Orderliness amongst 'Randomness'
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